Dundee Precious Mtl (DPM) AI Stock Analysis

• Market Cap: C$3.75B
• Dividend Yield: 0.98%
• Average Volume (3M): 800.46K
• Price to Earnings (P/E): 12.8
• Beta (1Y): 0.75
• Revenue Growth: 10.57%
• EPS Growth: 24.23%
• Country: CA
• Employees: 2,063
• Sector: Basic Materials
• Sector Strength: 73
• Industry: Gold
• EPS (TTM): 0.44
• Shares Outstanding: 166,907,070
• 10 Day Avg. Volume: 710,040
• 30 Day Avg. Volume: 800,463
• PEG Ratio: -0.31
• Price to Book (P/B): 0.92
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 5.00
• Enterprise Value/Market Cap: 0.13
• Enterprise Value/Revenue: 0.23
• Enterprise Value/Gross Profit: 1.34
• Enterprise Value/Ebitda: 0.38
• 1Y Price Target: C$25.25
• Price Target Upside: 12.27% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 82 Outperform
• Price Target: C$26.00 ▲(15.61%Upside)

Dundee Precious Metals exhibits strong financial performance, supported by positive technical indicators and prudent valuation metrics. The company's strategic acquisitions and environmental licensing are significant positives. While increased operational costs and one-time levies are concerns, the overall outlook remains favorable due to robust financial health and strategic growth initiatives.

Positive Factors

Cash Flow

The company is set to generate significant cash flow, thereby building a buffer to account for the drop in production.

Financial Performance

DPM reported Q4/24 financials with adjusted EPS higher than expected.

Outlook

Management has provided a three-year outlook that is slightly better than expected.

Negative Factors

Production

The company is preparing for a drop in production.

Valuation

DPM is seen as an underappreciated investment opportunity due to its discounted valuation.

Dundee Precious Mtl Business Overview & Revenue Model

Company Description

Dundee Precious Metals Inc., a gold mining company, engages in the acquisition of mineral properties, exploration, development, mining, and processing of precious metals. Its principal operating assets include the Chelopech operation, which produces a gold-copper concentrate containing gold, copper, and silver and a pyrite concentrate containing gold located to the east of Sofia, Bulgaria; the Ada Tepe operation that produces a gold concentrate containing gold and silver located in southern Bulgaria, near the town of Krumovgrad; and the Tsumeb smelter, a complex copper concentrate processing facility located in Namibia. The company also holds interests in various developing gold, silver, and copper exploration properties located in Canada, Serbia, Bulgaria, and Ecuador. Dundee Precious Metals Inc. was incorporated in 1983 and is headquartered in Toronto, Canada.

How the Company Makes Money

Dundee Precious Metals generates revenue primarily through the extraction and sale of precious metal concentrates, particularly gold and copper. The company operates several key mining sites, including the Chelopech mine in Bulgaria for gold and copper concentrate, and the Tsumeb smelter in Namibia, which processes complex concentrate materials. DPM sells its metal concentrates to international smelters and refiners, who then refine the materials into pure metals that can be used in various industries. Additionally, the company benefits from strategic partnerships and long-term contracts with these smelters and refiners, ensuring consistent demand and revenue streams. By optimizing production efficiency and maintaining sustainable mining and processing practices, DPM enhances its profitability and competitive position in the global mining market.

Dundee Precious Mtl Financial Statement Overview

Summary

Dundee Precious Metals demonstrates strong financial health with impressive revenue growth and profitability metrics. The balance sheet is solid, with low leverage and high equity, indicating financial stability. Although the cash flow statement reveals some challenges with decreased free cash flow, the company efficiently converts income into operating cash flow. Overall, the financial position supports continued growth and stability in the mining industry.

Income Statement

Dundee Precious Metals shows strong financial performance with a significant increase in revenue from $520 million to $606 million, indicating a robust growth trajectory. The company maintains a high gross profit margin of 57.1% and a net profit margin of 38.9%, reflecting effective cost management and profitability. EBITDA margin is also impressive at 60.4%. However, the absence of EBIT data for the latest year limits full analysis.

Balance Sheet

The company exhibits a low debt-to-equity ratio of 0.01, indicating minimal leverage and financial risk. With a strong equity ratio of 90.6%, Dundee Precious Metals boasts a solid financial foundation. The return on equity is 18.3%, showcasing effective use of shareholder funds to generate profits. The company's balance sheet reflects stability and financial health.

Cash Flow

Free cash flow decreased from $220 million to $99 million, reflecting a challenging cash flow environment. However, the operating cash flow to net income ratio of 0.61 indicates that the company efficiently translates profits into cash flow. The decrease in free cash flow, despite positive operating cash flow, suggests increased capital expenditures impacting cash reserves.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	627.35M	606.99M	520.09M	569.79M	641.44M	609.56M
Gross Profit	369.33M	346.29M	275.88M	188.12M	263.50M	259.63M
EBITDA	356.56M	366.95M	292.11M	226.07M	335.57M	321.73M
Net Income	223.64M	235.88M	192.94M	35.92M	210.10M	196.00M
Balance Sheet
Total Assets	1.41B	1.42B	1.29B	1.16B	1.17B	974.86M
Cash, Cash Equivalents and Short-Term Investments	763.03M	634.83M	595.28M	433.18M	334.38M	149.53M
Total Debt	0.00	13.52M	12.53M	14.58M	15.19M	17.08M
Total Liabilities	180.58M	134.38M	169.69M	164.16M	164.00M	169.58M
Stockholders Equity	1.23B	1.29B	1.12B	993.09M	1.00B	798.67M
Cash Flow
Free Cash Flow	270.81M	99.44M	220.28M	182.98M	188.54M	159.51M
Operating Cash Flow	319.40M	144.71M	275.68M	232.05M	252.68M	197.07M
Investing Cash Flow	-17.53M	-23.90M	-12.37M	-85.81M	-32.07M	-43.85M
Financing Cash Flow	-164.45M	-83.09M	-99.38M	-47.44M	-36.35M	-26.54M

Dundee Precious Mtl Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 22.49
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DPM, the sentiment is Positive. The current price of 22.49 is above the 20-day moving average (MA) of 21.53, above the 50-day MA of 20.68, and above the 200-day MA of 16.52, indicating a bullish trend. The MACD of 0.43 indicates Negative momentum. The RSI at 65.02 is Neutral, neither overbought nor oversold. The STOCH value of 80.10 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:DPM.

Dundee Precious Mtl Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DPM	82 Outperform	C$3.75B	12.79	19.71%	0.98%	10.57%	24.23%
Sector *	70 Outperform	¥177.14B	11.15	6.29%	3.43%	3.91%	3.49%
SSRM		$2.56B	31.74	2.71%	0.76%	―	―
OCAND		$3.29B	11.46	16.21%	0.28%	―	―
WDO	78 Outperform	C$2.74B	14.55	34.73%	―	80.44%	3757.72%
KNT	77 Outperform	C$3.62B	14.32	39.28%	―	105.06%	481.75%
CXB	69 Neutral	$2.56B	28.69	6.74%	―	20.03%	-46.48%

Dundee Precious Mtl Corporate Events

Dundee Precious Metals Reports Strong Q2 Production and Shareholder Returns

Dundee Precious Metals announced its preliminary production results for the second quarter of 2025, showing an increase in gold and copper production as planned. The company remains on track to meet its 2025 guidance, with both Chelopech and Ada Tepe mines performing in line with expectations. Additionally, DPM repurchased a significant number of shares and will pay a quarterly dividend, reflecting its commitment to returning capital to shareholders. The company’s financial results for the second quarter will be released on July 31, 2025, followed by a conference call on August 1, 2025.

The most recent analyst rating on (TSE:DPM) stock is a Buy with a C$15.50 price target. To see the full list of analyst forecasts on Dundee Precious Mtl stock, see the TSE:DPM Stock Forecast page.

Dundee Precious Metals Secures Environmental License for Loma Larga Project

Dundee Precious Metals has received an environmental license from the Ecuadorian government for its Loma Larga project, marking a significant milestone in its development. The company emphasizes its commitment to high environmental standards and responsible water management, aiming to deliver strong returns and economic benefits to local communities. The updated feasibility study for Loma Larga reflects current gold prices and revised cost estimates, with results to be disclosed later.

The most recent analyst rating on (TSE:DPM) stock is a Buy with a C$15.50 price target. To see the full list of analyst forecasts on Dundee Precious Mtl stock, see the TSE:DPM Stock Forecast page.

Dundee Precious Metals Announces Strategic Acquisition of Adriatic Metals

Dundee Precious Metals Inc. has announced a recommended acquisition of Adriatic Metals Plc, valuing the entire issued share capital of Adriatic at approximately US$1.251 billion. This transaction, which offers a significant premium to Adriatic’s recent share prices, is expected to create a strong combined entity with enhanced operational and financial profiles, leveraging DPM’s strengths and aligning with its strategic goals.

The most recent analyst rating on (TSE:DPM) stock is a Buy with a C$15.50 price target. To see the full list of analyst forecasts on Dundee Precious Mtl stock, see the TSE:DPM Stock Forecast page.

Dundee Precious Metals to Acquire Adriatic Metals, Enhancing Growth and Regional Presence

Dundee Precious Metals Inc. has announced a proposed acquisition of Adriatic Metals plc for approximately $1.3 billion, which will include the Vareš operation in Bosnia and Herzegovina. This acquisition is expected to significantly enhance DPM’s asset portfolio by increasing production, extending mine life, and boosting cash flow generation. The strategic move aims to create a premier mining business with a robust growth profile and strong regional presence, benefiting shareholders and regional stakeholders through enhanced operational capabilities and community relationships.

The most recent analyst rating on (TSE:DPM) stock is a Buy with a C$15.50 price target. To see the full list of analyst forecasts on Dundee Precious Mtl stock, see the TSE:DPM Stock Forecast page.

Dundee Precious Metals Announces Possible Offer for Adriatic Metals

Dundee Precious Metals Inc. has announced a possible offer for Adriatic Metals plc, highlighting the disclosure requirements under the UK City Code on Takeovers and Mergers. This move aligns with DPM’s strategic objective to expand its portfolio and strengthen its position in the precious metals industry, potentially impacting stakeholders involved in the offer.

The most recent analyst rating on (TSE:DPM) stock is a Buy with a C$15.50 price target. To see the full list of analyst forecasts on Dundee Precious Mtl stock, see the TSE:DPM Stock Forecast page.

Dundee Precious Metals Considers Potential Acquisition of Adriatic Metals

Dundee Precious Metals Inc. has confirmed discussions regarding a potential offer for the entire share capital of Adriatic Metals plc, although there is no certainty that an offer will be made or the terms it might include. This move aligns with Dundee’s strategic objective to grow through disciplined strategic transactions, potentially impacting its market positioning and shareholder returns.

The most recent analyst rating on (TSE:DPM) stock is a Buy with a C$15.50 price target. To see the full list of analyst forecasts on Dundee Precious Mtl stock, see the TSE:DPM Stock Forecast page.

Dundee Precious Metals Reports Strong Shareholder Support at 2025 Meeting

Dundee Precious Metals Inc. announced the results of its 2025 Annual and Special Meeting of Shareholders, where approximately 77.83% of outstanding shares were voted. Shareholders approved all items, including the election of directors, appointment of auditors, approval of the Shareholder Rights Plan, and the company’s approach to executive compensation, indicating strong shareholder support and reinforcing the company’s strategic direction.

Dundee Precious Metals Reports Strong Q1 2025 Results and Strategic Advancements

Dundee Precious Metals reported strong financial and operational results for the first quarter of 2025, with gold and copper production on track to meet annual guidance. The company achieved record capital returns to shareholders, robust free cash flow, and maintained substantial liquidity, positioning itself well for future growth. The advancement of feasibility studies and exploration projects, along with a strategic board succession, underscores DPM’s commitment to growth and value creation for stakeholders.

Dundee Precious Metals Declares Q2 Dividend

Dundee Precious Metals announced a second quarter dividend of US$0.04 per common share, payable on July 15, 2025, to shareholders of record on June 30, 2025. This dividend declaration underscores the company’s commitment to delivering returns to shareholders and maintaining a robust financial strategy, potentially strengthening its position in the gold mining industry.

Dundee Precious Metals Announces New Chair Following Passing of R. Peter Gillin

Dundee Precious Metals announced the passing of R. Peter Gillin, who served as Chair of the Board since 2022 and was a director for 16 years. His leadership was instrumental in the company’s transformation into a responsible and growing precious metals producer. The company has appointed Juanita Montalvo as the new Chair of the Board, who brings over 25 years of international experience in the mining and extractive sectors, along with extensive governance expertise.