FY2024 EPS Estimates for OTCMKTS:DPMLF Lowered by Analyst

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) – Research analysts at National Bank Financial dropped their FY2024 earnings per share 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 forecasts that the company will post earnings of $1.22 per share for the year, down from their prior estimate of $1.26. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.17 per share.

Separately, TD Securities upgraded Dundee Precious Metals to a “strong-buy” rating in a report on Tuesday, February 4th.

Dundee Precious Metals Price Performance

Shares of OTCMKTS:DPMLF opened at $11.12 on Wednesday. Dundee Precious Metals has a 1 year low of $5.78 and a 1 year high of $11.30. The stock’s 50-day moving average is $9.67 and its 200 day moving average is $9.64. The company has a market cap of $1.96 billion, a PE ratio of 10.01 and a beta of 0.66.

Dundee Precious Metals (OTCMKTS:DPMLF) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. Dundee Precious Metals had a return on equity of 16.96% and a net margin of 35.59%.

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.