It is Canadian domiciled and European focused and does not attract a lot of investors from either continent. He likes it.
Has a good mine. The main focus by the company over the last couple of years has been on their smelter. They have one in Namibia, which they were required to upgrade a couple of years ago to make it more environmentally friendly. Sort of at the tail end of getting that up and running. Good management.
Dundee Precious Metals Inc. is a Canadian stock, trading under the symbol DPM-T on the Toronto Stock Exchange (DPM-CT). It is usually referred to as TSX:DPM or DPM-T
In the last year, 1 stock analyst published opinions about DPM-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Dundee Precious Metals Inc..
Dundee Precious Metals Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Dundee Precious Metals Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Dundee Precious Metals Inc. In the last year. It is a trending stock that is worth watching.
On 2023-09-22, Dundee Precious Metals Inc. (DPM-T) stock closed at a price of $8.42.
DPM is now trading at 7.0x times' Forward P/E. In the 4Q, DPM’s revenue declined -8% to $152.9M, compared to last year of $166.4M and EPS wass $0.24, beating estimates of $0.20.
The balance sheet is strong, with net cash of $419M. Trailing twelve-month cash flow declined around -8% compared to $253M last year.
Based on consensus estimates, sales are expected to grow by 15%, while EPS is expected to grow by 28% next year.
The company has been executing really well.
The company has been growing and returning capital (dividends and buybacks) over the last few years, DPM also recently updated its three-year outlook with strong production levels – 270,000 per year, improved cost structures and lower capex spending.
We think the recent earnings report is solid.
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