TSE:DPM FY2024 EPS Decreased by National Bank Financial

Dundee Precious Metals Inc. (TSE:DPM) – Investment analysts at National Bank Financial decreased their FY2024 earnings estimates for shares of Dundee Precious Metals in a research note issued to investors on Monday, February 10th. National Bank Financial analyst D. Demarco now anticipates that the mining company will earn $1.74 per share for the year, down from their prior forecast of $1.75. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.90 per share.

Several other research analysts have also recently weighed in on the company. Royal Bank of Canada upped their price objective on Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday, December 6th. BMO Capital Markets upped their price target on Dundee Precious Metals from C$15.50 to C$18.50 in a research report on Monday, October 21st. Scotiabank raised their price target on shares of Dundee Precious Metals from C$18.00 to C$18.50 in a research note on Wednesday, January 15th. TD Securities raised shares of Dundee Precious Metals to a “strong-buy” rating in a research report on Tuesday, February 4th. Finally, CIBC raised their target price on shares of Dundee Precious Metals from C$16.00 to C$17.00 in a research report on Thursday, December 19th.

Dundee Precious Metals Price Performance

DPM stock opened at C$15.82 on Wednesday. The stock has a 50-day moving average price of C$13.78 and a two-hundred day moving average price of C$13.41. Dundee Precious Metals has a 1 year low of C$7.79 and a 1 year high of C$16.22. The stock has a market cap of C$2.84 billion, a PE ratio of 10.41, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20. The company has a current ratio of 7.09, a quick ratio of 6.61 and a debt-to-equity ratio of 1.31.

Dundee Precious Metals Company Profile

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.