Dundee Precious Metals Inc., a gold mining company, engages in the acquisition of mineral properties, exploration, development, mining, and processing of precious metals.
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Dundee Precious Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DPM's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: DPM exceeded the Canadian Metals and Mining industry which returned -10.8% over the past year.
Return vs Market: DPM exceeded the Canadian Market which returned -26% over the past year.
Price Volatility Vs. Market
How volatile is Dundee Precious Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StDundee Precious Metals Inc.'s (TSE:DPM) Could Be A Buy For Its Upcoming Dividend
2 weeks ago | Simply Wall StTrade Alert: The Chairman of the Board Of Dundee Precious Metals Inc. (TSE:DPM), Jonathan Goodman, Has Just Spent US$227k Buying Shares
4 weeks ago | Simply Wall StIs Dundee Precious Metals (TSE:DPM) Using Too Much Debt?
Is Dundee Precious Metals undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DPM (CA$4.52) is trading below our estimate of fair value (CA$30.06)
Significantly Below Fair Value: DPM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DPM is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: DPM is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DPM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DPM is good value based on its PB Ratio (1x) compared to the CA Metals and Mining industry average (1.1x).
How is Dundee Precious Metals forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DPM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.4%).
Earnings vs Market: DPM is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DPM's is expected to become profitable in the next 3 years.
Revenue vs Market: DPM's revenue (5.3% per year) is forecast to grow faster than the Canadian market (3.9% per year).
High Growth Revenue: DPM's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DPM's Return on Equity is forecast to be low in 3 years time (9%).
How has Dundee Precious Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DPM is currently unprofitable.
Growing Profit Margin: DPM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DPM is unprofitable, but has reduced losses over the past 5 years at a rate of 20.7% per year.
Accelerating Growth: Unable to compare DPM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DPM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (16.5%).
Return on Equity
High ROE: DPM has a negative Return on Equity (-12.15%), as it is currently unprofitable.
How is Dundee Precious Metals's financial position?
Financial Position Analysis
Short Term Liabilities: DPM's short term assets ($105.0M) do not cover its short term liabilities ($109.6M).
Long Term Liabilities: DPM's short term assets ($105.0M) exceed its long term liabilities ($82.2M).
Debt to Equity History and Analysis
Debt Level: DPM's debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: DPM's debt to equity ratio has reduced from 19.7% to 1.7% over the past 5 years.
Inventory Level: DPM has a high level of physical assets or inventory.
Debt Coverage by Assets: DPM's debt is covered by short term assets (assets are 10.5x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable DPM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DPM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47.2% per year.
What is Dundee Precious Metals's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DPM's dividend (2.49%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (2.73%).
High Dividend: DPM's dividend (2.49%) is low compared to the top 25% of dividend payers in the Canadian market (8.76%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether DPM's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DPM's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rick Howes (61yo)
Mr. Richard Allen Howes, also known as Rick, is President and Chief Executive Officer at Dundee Precious Metals Inc. Mr. Howes is a Director of Dundee Precious Metals Inc. since 2012. He is a Professional ...
CEO Compensation Analysis
Compensation vs Market: Rick's total compensation ($USD2.04M) is above average for companies of similar size in the Canadian market ($USD1.23M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||8.75yrs||US$1.24m||no data|
|Executive VP||0.17yr||US$1.32m||no data|
|Executive Vice President of Corporate Development||8.33yrs||US$790.50k||0.0094% $76.8k|
|Vice President of Technology||0.75yr||no data||no data|
|Director of Investor Relations||no data||no data||no data|
|Executive VP of Corporate Affairs||2.5yrs||no data||no data|
|Vice President of Human Resources||1.83yrs||no data||no data|
|VP & MD of Bulgaria||1.17yrs||no data||no data|
|Global Controller||no data||no data||no data|
Experienced Management: DPM's management team is considered experienced (4.7 years average tenure).
|Executive VP||0.17yr||US$1.32m||no data|
|Independent Director||8.17yrs||US$193.30k||0.00030% $2.4k|
|Lead Director||6.92yrs||US$234.50k||0.0083% $67.8k|
|Chairman of the Board||6.92yrs||US$380.80k||0.22% $1.8m|
|Independent Director||17.75yrs||US$197.00k||0.0029% $23.5k|
|Independent Director||9.83yrs||US$211.80k||0.00094% $7.7k|
|Independent Director||4.33yrs||US$193.00k||no data|
|Independent Director||13.17yrs||US$193.30k||0.012% $101.7k|
|Independent Director||3yrs||US$195.50k||no data|
Experienced Board: DPM's board of directors are considered experienced (7.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DPM insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Dundee Precious Metals Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Dundee Precious Metals Inc.
- Ticker: DPM
- Exchange: TSX
- Founded: 1983
- Industry: Gold
- Sector: Materials
- Market Cap: CA$816.224m
- Shares outstanding: 180.58m
- Website: https://www.dundeeprecious.com
Number of Employees
- Dundee Precious Metals Inc.
- 1 Adelaide Street East
- Suite 500
- M5C 2V9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DPM||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Nov 1983|
|DPU||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Nov 1983|
|DPML.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Nov 1983|
Dundee Precious Metals Inc., a gold mining company, engages in the acquisition of mineral properties, exploration, development, mining, and processing of precious metals. The company's operating assets include the Chelopech operation, which produces a gold-copper concentrate containing gold, copper, and silver and a pyrite concentrate containing gold located east of Sofia, Bulgaria; the Ada Tepe operation, which produces a gold concentrate containing gold and silver located in southern Bulgaria; and the Tsumeb smelter, a complex copper concentrate processing facility located in Namibia. It also holds interests in various developing gold and exploration properties located in Canada and Serbia. The company was founded in 1983 and is based in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 02:07|
|End of Day Share Price||2020/03/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.