Beacon Securities Comments on Dundee Precious Metals Inc’s FY2019 Earnings (TSE:DPM)

Dundee Precious Metals Inc (TSE:DPM) – Equities research analysts at Beacon Securities increased their FY2019 earnings per share estimates for shares of Dundee Precious Metals in a report released on Tuesday, November 12th. Beacon Securities analyst M. Curran now anticipates that the mining company will earn $0.36 per share for the year, up from their prior estimate of $0.34. Beacon Securities has a “Buy” rating on the stock. Beacon Securities also issued estimates for Dundee Precious Metals’ Q4 2019 earnings at $0.15 EPS, FY2020 earnings at $0.67 EPS and FY2021 earnings at $0.89 EPS.

Separately, M Partners reiterated a “buy” rating on shares of Dundee Precious Metals in a research note on Tuesday, September 24th.

Shares of TSE:DPM opened at C$4.36 on Friday. The stock has a market cap of $761.11 million and a P/E ratio of 24.09. The firm has a fifty day moving average price of C$4.45 and a 200 day moving average price of C$4.56. The company has a debt-to-equity ratio of 6.05, a current ratio of 1.03 and a quick ratio of 0.61. Dundee Precious Metals has a 1-year low of C$3.10 and a 1-year high of C$5.75.

Dundee Precious Metals Company Profile

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. Its principal operating assets include the Chelopech, which owns and operates gold, copper, and silver mine located in east of Sofia, Bulgaria; Krumovgrad that operates a gold mine located in south eastern Bulgaria; and Tsumeb, which owns and operates custom smelter located in Tsumeb, Namibia.

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Earnings History and Estimates for Dundee Precious Metals (TSE:DPM)

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