Dundee Precious Metals Reports Record 2024 Financial Results and Strategic Growth Plans

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Dundee Precious Metals Reports Record 2024 Financial Results and Strategic Growth Plans

Dundee Precious Mtl ( (TSE:DPM) ) has provided an announcement.

Dundee Precious Metals reported record financial results for 2024, with adjusted net earnings of $232.2 million and free cash flow of $305.1 million. The company maintained its 10-year track record of meeting gold production guidance and initiated a feasibility study for the Čoka Rakita project, aiming to boost future growth. DPM also demonstrated financial strength with substantial liquidity and no debt, alongside a commitment to returning value to shareholders. The company plans to focus on growth in the next three years, with a 2025 gold production target and cost guidance in place.

More about Dundee Precious Mtl

Dundee Precious Metals Inc. is a Toronto-based company operating in the metals and mining industry with a primary focus on gold and copper production. The company is known for its strong operational delivery and sustainability performance, consistently meeting its production and cost guidance.

YTD Price Performance: 17.56%

Average Trading Volume: 470,461

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$2.76B

Find detailed analytics on DPM stock on TipRanks’ Stock Analysis page.

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