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Dundee Precious Metals Inc. (DPM-T)
TSE:DPM
15.93
0.10
(0.62%) 1d
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Most Anticipated Earnings: IFC-T, MTLO-X and more Canadian Companies Reporting Earnings this Week (Feb 10-14)Weekly 52-Week Low (or 52-Week High): BB-T, AEM-T, DOO-T, TSU-T and More 52-Week Highs and Lows (Jan 29-Feb 04)Weekly 52-Week Low (or 52-Week High): BB-T, AEM-T, DOO-T, TSU-T and More 52-Week Highs and Lows (Jan 29-Feb 04)This summary was created by AI, based on 1 opinions in the last 12 months.
Dundee Precious Metals Inc. (DPM-T) is a smaller player in the Canadian materials sector compared to giants like Barrick, Franco Nevada, and Agnico Eagle, but it has managed to outperform these industry leaders in 2024. The company's shares have surged by 8.5%, contrasting with Barrick's decline of over 16%. Analysts express optimism about Dundee's potential, forecasting a 15% increase in sales and a notable 28% growth in earnings per share (EPS) for the coming year. With a healthy cash flow yield of 11%, investors see Dundee as an attractive option, further bolstered by the recent acquisition of Osino Resources, which aims to enhance its gold operations portfolio. Such strategic moves indicate Dundee's focus on growth and value creation in a competitive market.
$9.550
Unknown
DPM's acquisition of Osino Resources is expected to add Osino's high-quality, long-life Twin Hills open pit gold project, as well as an extensive exploration portfolio in Namibia to DPM's existing portfolio of assets. The total purchase price is roughly $287M, funded through a mix of equity and cash. We think the deal will add value to the company as it's acquisition is in a mining-friendly jurisdiction.
DPM is a smaller company ($1.5B market cap), but its fundamentals are quite strong. It pays a dividend yield of 1.9%, and has a 4.5% buyback yield, for a shareholder yield of 6.4%. Its sales and earnings have grown nicely over the past several years, it has almost no debt, generates a good free cash flow yield of 11%, and has a strong balance sheet. If the price of gold continues to move higher, we feel that DPM is a fundamentally strong miner in the space, and can perform well in the coming years. We would be comfortable with DPM as a longer-term hold.
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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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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.
(A Top Pick Nov 1/11. Up 9.56%.)
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Dundee Precious Metals Inc.(DPM-T) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Dundee Precious Metals Inc.(DPM-T) Frequently Asked Questions
What is Dundee Precious Metals Inc. stock symbol?
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
Is Dundee Precious Metals Inc. a buy or a sell?
In the last year, there was no coverage of Dundee Precious Metals Inc. published on Stockchase.
Is Dundee Precious Metals Inc. a good investment or a top pick?
Dundee Precious Metals Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Dundee Precious Metals Inc..
Why is Dundee Precious Metals Inc. stock dropping?
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.
Is Dundee Precious Metals Inc. worth watching?
0 stock analysts on Stockchase covered Dundee Precious Metals Inc. In the last year. It is a trending stock that is worth watching.
What is Dundee Precious Metals Inc. stock price?
On 2025-02-11, Dundee Precious Metals Inc. (DPM-T) stock closed at a price of $15.93.
Dundee is nowhere as large as Barrick, Franco Nevada or Agnico Eagle, which comprise a third of the Canadian materials sector, but it has outperformed it so far in 2024. Dundee shares have rallied 8.5% in this time period while Barrick is down over 16%. Also, Dundee holds more potential upside. Consensus sales estimates are 15% and EPS 28% for the coming year. Dundee's cash flow yield is a comfy 11%. Recently, the company bought Osino Resources to enhance its portfolio of gold operations.