What is Scotiabank’s Forecast for TSE:DPM FY2025 Earnings?

Dundee Precious Metals Inc. (TSE:DPM) – Investment analysts at Scotiabank dropped their FY2025 earnings per share (EPS) estimates for shares of Dundee Precious Metals in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst E. Winmill now expects that the mining company will earn $1.53 per share for the year, down from their prior estimate of $1.69. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.90 per share.

Several other research analysts have also issued reports on DPM. Royal Bank of Canada increased their price target on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a research note on Friday, December 6th. BMO Capital Markets lifted their target price on shares of Dundee Precious Metals from C$15.50 to C$18.50 in a report on Monday, October 21st. Jefferies Financial Group upped their price target on Dundee Precious Metals from C$16.00 to C$18.00 in a research note on Friday, October 4th. Finally, CIBC lifted their price objective on Dundee Precious Metals from C$16.00 to C$17.00 in a research note on Thursday, December 19th.

Dundee Precious Metals Price Performance

Shares of DPM stock opened at C$13.92 on Friday. The company has a quick ratio of 6.61, a current ratio of 7.09 and a debt-to-equity ratio of 1.31. The stock has a market cap of C$2.50 billion, a price-to-earnings ratio of 9.16, a PEG ratio of 0.04 and a beta of 1.20. The business’s fifty day moving average is C$13.13 and its 200 day moving average is C$12.92. Dundee Precious Metals has a twelve month low of C$7.79 and a twelve month high of C$14.81.

Dundee Precious Metals Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.054 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Tuesday, December 31st. Dundee Precious Metals’s payout ratio is currently 14.47%.

About Dundee Precious Metals

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.