Stifel Canada Forecasts OTCMKTS:DPMLF FY2024 Earnings

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) – Research analysts at Stifel Canada boosted their FY2024 earnings per share (EPS) estimates for shares of Dundee Precious Metals in a research note issued to investors on Monday, October 21st. Stifel Canada analyst I. Rico now expects that the company will post earnings of $1.36 per share for the year, up from their prior forecast of $1.28.

Dundee Precious Metals Stock Performance

Shares of DPMLF opened at $10.44 on Wednesday. The stock has a 50 day moving average price of $9.91 and a two-hundred day moving average price of $8.77. The firm has a market capitalization of $1.89 billion, a P/E ratio of 9.94 and a beta of 0.69. Dundee Precious Metals has a 52 week low of $5.78 and a 52 week high of $10.68.

Dundee Precious Metals (OTCMKTS:DPMLF) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.39 EPS for the quarter. The firm had revenue of $156.84 million during the quarter. Dundee Precious Metals had a return on equity of 15.87% and a net margin of 34.73%.

Dundee Precious Metals Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend was Friday, September 27th. Dundee Precious Metals’s dividend payout ratio is presently 15.24%.

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.