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

Dundee Precious Metals Inc. (TSE:DPM) – Research analysts at Scotiabank upped their FY2025 earnings per share (EPS) estimates for shares of Dundee Precious Metals in a research note issued on Wednesday, March 19th. Scotiabank analyst E. Winmill now forecasts that the mining company will earn $1.59 per share for the year, up from their prior forecast of $1.53. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.90 per share.

A number of other research firms have also commented on DPM. TD Securities raised Dundee Precious Metals to a “strong-buy” rating in a report on Tuesday, February 4th. Royal Bank of Canada lifted their target price on Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, December 6th. Finally, CIBC raised their price objective on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday, February 14th.

Dundee Precious Metals Stock Down 0.3 %

TSE DPM opened at C$18.44 on Monday. The firm has a market cap of C$2.28 billion, a P/E ratio of 11.62, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20. The company’s 50 day moving average is C$16.15 and its 200-day moving average is C$14.38. Dundee Precious Metals has a 12-month low of C$9.83 and a 12-month high of C$18.81.

Insiders Place Their Bets

In related news, Senior Officer Iliya Garkov sold 12,000 shares of Dundee Precious Metals stock in a transaction on Friday, March 14th. The shares were sold at an average price of C$18.49, for a total value of C$221,880.00. Also, Director Xuefeng Chen sold 6,750 shares of the firm’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of C$17.06, for a total value of C$115,155.00. Insiders sold a total of 22,583 shares of company stock valued at $404,496 over the last 90 days. Insiders own 0.16% of the company’s stock.

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.