Dundee Precious Metals (TSE:DPM) Posts Earnings Results

Dundee Precious Metals (TSE:DPM) released its quarterly earnings results on Thursday. The mining company reported C$0.87 earnings per share for the quarter, FiscalAI reports. The business had revenue of C$443.66 million during the quarter. Dundee Precious Metals had a return on equity of 24.39% and a net margin of 51.68%.

Dundee Precious Metals Stock Down 4.2%

TSE DPM traded down C$2.22 during trading hours on Thursday, hitting C$50.56. 946,869 shares of the company were exchanged, compared to its average volume of 919,728. The stock has a 50-day moving average price of C$57.44 and a 200 day moving average price of C$52.70. Dundee Precious Metals has a 52 week low of C$30.60 and a 52 week high of C$72.54. The stock has a market cap of C$11.09 billion, a PE ratio of 16.36, a price-to-earnings-growth ratio of 0.04 and a beta of 1.48.

Insider Transactions at Dundee Precious Metals

In other news, Director Juanita Montalvo sold 2,277 shares of the firm’s stock in a transaction that occurred on Monday, September 28th. The stock was sold at an average price of C$61.43, for a total value of C$139,876.11. Following the completion of the sale, the director directly owned 13,694 shares of the company’s stock, valued at C$841,222.42. This trade represents a 14.26% decrease in their position. Insiders sold 6,408 shares of company stock worth $335,104 in the last quarter. Corporate insiders own 0.16% of the company’s stock.

Dundee Precious Metals Company Profile

DPM Metals Inc. is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Bosnia and Herzegovina, Serbia and Ecuador. The Company’s purpose is to unlock resources and generate value to thrive and grow together. Our strategic objective is to become a mid-tier precious metals company, which is based on sustainable, responsible and efficient gold production from our portfolio, the development of quality assets, and maintaining a strong financial position to support growth in mineral reserves and production through disciplined strategic transactions.