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Dundee Precious Metals

OTCPK:DPML.F
Snowflake Description

Good value with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DPML.F
OTCPK
CA$735M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Dundee Precious Metals Inc., a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The last earnings update was 38 days ago. More info.


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DPML.F Share Price and Events
7 Day Returns
-3.8%
OTCPK:DPML.F
1.3%
US Metals and Mining
0.5%
US Market
1 Year Returns
18.7%
OTCPK:DPML.F
-24.2%
US Metals and Mining
0.8%
US Market
DPML.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dundee Precious Metals (DPML.F) -3.8% 5.9% -9.2% 18.7% 21% -30.1%
US Metals and Mining 1.3% 1.8% -5.9% -24.2% 4.7% -18.4%
US Market 0.5% 0.2% 1.1% 0.8% 37.4% 37.5%
1 Year Return vs Industry and Market
  • DPML.F outperformed the Metals and Mining industry which returned -24.2% over the past year.
  • DPML.F outperformed the Market in United States of America which returned 0.8% over the past year.
Price Volatility
DPML.F
Industry
5yr Volatility vs Market

Value

 Is Dundee Precious Metals undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Dundee Precious Metals to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Dundee Precious Metals.

OTCPK:DPML.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:DPML.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.03
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.026 (1 + (1- 26.5%) (5.28%))
1.044
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.04
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.044 * 5.96%)
8.95%

Discounted Cash Flow Calculation for OTCPK:DPML.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Dundee Precious Metals is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:DPML.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.95%)
2019 34.54 Analyst x1 31.71
2020 132.36 Analyst x2 111.50
2021 145.59 Analyst x3 112.58
2022 156.50 Est @ 7.49% 111.07
2023 165.99 Est @ 6.06% 108.12
2024 174.39 Est @ 5.06% 104.27
2025 182.00 Est @ 4.36% 99.88
2026 189.05 Est @ 3.87% 95.22
2027 195.72 Est @ 3.53% 90.48
2028 202.16 Est @ 3.29% 85.78
Present value of next 10 years cash flows $950.61
OTCPK:DPML.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $202.16 × (1 + 2.73%) ÷ (8.95% – 2.73%)
$3,338.52
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $3,338.52 ÷ (1 + 8.95%)10
$1,416.61
OTCPK:DPML.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $950.61 + $1,416.61
$2,367.22
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,367.22 / 178.84
$17.57
OTCPK:DPML.F Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSX:DPM)
1.338
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $13.24 x 1.338
CA$17.72
Non-primary Listing Adjustment Factor 1 share in OTCPK:DPML.F represents 0.75353x of TSX:DPM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.75353x
Value per Share
(Listing Adjusted, USD)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 17.72 x 0.75353
$13.35
Value per share (USD) From above. $13.35
Current discount Discount to share price of $3.10
= -1 x ($3.10 - $13.35) / $13.35
76.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Dundee Precious Metals is available for.
Intrinsic value
>50%
Share price is $3.1 vs Future cash flow value of $13.35
Current Discount Checks
For Dundee Precious Metals to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Dundee Precious Metals's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Dundee Precious Metals's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Dundee Precious Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dundee Precious Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:DPML.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.19
TSX:DPM Share Price ** TSX (2019-06-14) in CAD CA$4.11
TSX:DPM Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.747 $3.07
United States of America Metals and Mining Industry PE Ratio Median Figure of 44 Publicly-Listed Metals and Mining Companies 9.15x
United States of America Market PE Ratio Median Figure of 3,091 Publicly-Listed Companies 17.68x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Dundee Precious Metals.

OTCPK:DPML.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:DPM Share Price ÷ EPS (both in USD)

= 3.07 ÷ 0.19

16.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dundee Precious Metals is overvalued based on earnings compared to the US Metals and Mining industry average.
  • Dundee Precious Metals is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Dundee Precious Metals's expected growth come at a high price?
Raw Data
OTCPK:DPML.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
United States of America Metals and Mining Industry PEG Ratio Median Figure of 24 Publicly-Listed Metals and Mining Companies 0.57x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Dundee Precious Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Dundee Precious Metals's assets?
Raw Data
OTCPK:DPML.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $3.53
TSX:DPM Share Price * TSX (2019-06-14) in CAD CA$4.11
TSX:DPM Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.747 $3.07
United States of America Metals and Mining Industry PB Ratio Median Figure of 107 Publicly-Listed Metals and Mining Companies 1.38x
United States of America Market PB Ratio Median Figure of 5,244 Publicly-Listed Companies 1.79x
OTCPK:DPML.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:DPM Share Price ÷ Book Value per Share (both in USD)

= 3.07 ÷ 3.53

0.87x

* Primary Listing of Dundee Precious Metals.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dundee Precious Metals is good value based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Dundee Precious Metals's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Dundee Precious Metals has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Dundee Precious Metals expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.1%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Dundee Precious Metals expected to grow at an attractive rate?
  • Unable to compare Dundee Precious Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Dundee Precious Metals's earnings growth to the United States of America market average as no estimate data is available.
  • Dundee Precious Metals's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:DPML.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:DPML.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 10.1%
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 18.2%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:DPML.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:DPML.F Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 528 154 2
2020-12-31 528 152 2
2019-12-31 468 110 2
OTCPK:DPML.F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 376 102 34
2018-12-31 377 98 38
2018-09-30 389 95 38
2018-06-30 377 89 21
2018-03-31 361 86 15
2017-12-31 349 110 0
2017-09-30 336 96 -106
2017-06-30 298 124 -139
2017-03-31 284 112 -159
2016-12-31 279 83 -150
2016-09-30 251 101 -43
2016-06-30 249 58 -10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Dundee Precious Metals is high growth as no earnings estimate data is available.
  • Dundee Precious Metals's revenue is expected to grow by 10.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:DPML.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Dundee Precious Metals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:DPML.F Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
OTCPK:DPML.F Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.19
2018-12-31 0.21
2018-09-30 0.23
2018-06-30 0.12
2018-03-31 0.09
2017-12-31 0.00
2017-09-30 -0.61
2017-06-30 -0.83
2017-03-31 -1.00
2016-12-31 -1.00
2016-09-30 -0.30
2016-06-30 -0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Dundee Precious Metals is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Dundee Precious Metals's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Dundee Precious Metals has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Dundee Precious Metals performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Dundee Precious Metals's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Dundee Precious Metals's year on year earnings growth rate has been positive over the past 5 years.
  • Dundee Precious Metals's 1-year earnings growth exceeds its 5-year average (119.6% vs 13.6%)
  • Dundee Precious Metals's earnings growth has exceeded the US Metals and Mining industry average in the past year (119.6% vs 43.8%).
Earnings and Revenue History
Dundee Precious Metals's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Dundee Precious Metals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:DPML.F Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 375.56 33.92 48.80
2018-12-31 377.11 38.11 44.09
2018-09-30 389.02 38.06 37.49
2018-06-30 377.00 20.78 35.05
2018-03-31 360.98 15.44 36.10
2017-12-31 348.76 0.22 32.92
2017-09-30 335.90 -105.91 26.68
2017-06-30 298.37 -138.73 24.59
2017-03-31 283.99 -158.71 26.37
2016-12-31 279.49 -149.95 24.07
2016-09-30 251.14 -43.32 23.49
2016-06-30 249.14 -10.16 23.40
2016-03-31 235.25 0.60 21.67
2015-12-31 225.13 2.81 21.68
2015-09-30 260.74 25.12 23.04
2015-06-30 268.20 11.09 28.65
2015-03-31 307.64 -70.43 33.95
2014-12-31 323.98 -58.92 40.54
2014-09-30 319.09 -61.16 44.30
2014-06-30 350.88 -63.81 47.63
2014-03-31 333.04 31.78 47.36
2013-12-31 344.65 22.51 47.25
2013-09-30 363.30 17.92 55.27
2013-06-30 370.54 53.16 64.84
2013-03-31 372.70 46.84 74.72
2012-12-31 384.69 54.38 80.39
2012-09-30 370.10 62.40 80.64
2012-06-30 383.34 80.73 74.22

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Dundee Precious Metals has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Dundee Precious Metals used its assets less efficiently than the US Metals and Mining industry average last year based on Return on Assets.
  • Dundee Precious Metals has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Dundee Precious Metals's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Dundee Precious Metals has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Dundee Precious Metals's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Dundee Precious Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Dundee Precious Metals's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Dundee Precious Metals's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Dundee Precious Metals's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Dundee Precious Metals Company Filings, last reported 2 months ago.

OTCPK:DPML.F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 638.50 29.00 13.96
2018-12-31 638.18 46.57 17.04
2018-09-30 642.17 39.00 23.39
2018-06-30 628.91 56.61 13.86
2018-03-31 630.10 49.27 14.77
2017-12-31 633.49 23.00 28.77
2017-09-30 618.86 0.00 21.99
2017-06-30 611.98 0.00 19.87
2017-03-31 585.60 16.16 35.55
2016-12-31 552.03 41.11 11.76
2016-09-30 669.15 94.17 61.92
2016-06-30 645.73 139.10 23.85
2016-03-31 644.22 157.13 24.26
2015-12-31 638.11 147.04 26.57
2015-09-30 690.99 150.04 17.48
2015-06-30 705.07 149.93 29.98
2015-03-31 700.79 172.71 16.58
2014-12-31 703.91 157.77 36.29
2014-09-30 682.75 165.74 22.55
2014-06-30 686.46 130.57 24.71
2014-03-31 762.77 113.52 38.69
2013-12-31 751.48 83.79 49.81
2013-09-30 738.63 72.11 46.72
2013-06-30 753.18 76.56 99.29
2013-03-31 753.41 101.11 104.56
2012-12-31 754.34 81.77 123.36
2012-09-30 754.13 87.00 132.61
2012-06-30 712.93 87.18 139.64
  • Dundee Precious Metals's level of debt (4.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (14.9% vs 4.5% today).
  • Debt is well covered by operating cash flow (350.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 8.2x coverage).
X
Financial health checks
We assess Dundee Precious Metals's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Dundee Precious Metals has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Dundee Precious Metals's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Dundee Precious Metals dividends.
If you bought $2,000 of Dundee Precious Metals shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Dundee Precious Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Dundee Precious Metals's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:DPML.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 2.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:DPML.F Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Dundee Precious Metals has not reported any payouts.
  • Unable to verify if Dundee Precious Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Dundee Precious Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Dundee Precious Metals has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Dundee Precious Metals's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Dundee Precious Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dundee Precious Metals has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Dundee Precious Metals's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rick Howes
COMPENSATION $2,875,700
AGE 60
TENURE AS CEO 6.2 years
CEO Bio

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 Engineer and has experience in the mining industry. Mr. Howes has been closely associated with the practices that make for worldclass mining operations including Inco’s North Mine, which won the 2006 Ryan Award as the safest mine in Canada. Mr. Howes joined the Dundee Precious Metals Inc. in early 2009 as General Manager and Executive Director of Dundee Precious Metals Chelopech EAD and served as its Executive Vice President and COO since November 2010. Prior to joining the Corporation, Mr. Howes worked for 30 years in various operating and technical capacities in the Canadian mining industry working for major mining producers including Vale Inco, Falconbridge and Cominco. He has been a Director of Sabina Gold & Silver Corp. since June 6, 2018. Mr. Howes attended Queen’s University where he earned a Bachelor of Science in Mining Engineering. He has been a Director of Hudbay Minerals Inc. since May 7, 2019.

CEO Compensation
  • Rick's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Rick's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Dundee Precious Metals management team in years:

6.2
Average Tenure
57
Average Age
  • The average tenure for the Dundee Precious Metals management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Rick Howes

TITLE
President
COMPENSATION
$3M
AGE
60
TENURE
6.2 yrs

Hume Kyle

TITLE
Executive VP & CFO
COMPENSATION
$1M
AGE
57
TENURE
8 yrs

David Rae

TITLE
Executive VP & COO
COMPENSATION
$1M
AGE
57
TENURE
6.6 yrs

Michael Dorfman

TITLE
Executive Vice President of Corporate Development
COMPENSATION
$791K
AGE
40
TENURE
7.6 yrs

Richard Gosse

TITLE
Vice President of Exploration
COMPENSATION
$819K
AGE
59
TENURE
6.2 yrs

Janet Reid

TITLE
Manager of Investor Relations

Kelly Stark-Anderson

TITLE
Executive VP of Corporate Affairs
TENURE
1.8 yrs

Alex Wilson

TITLE
Vice President of Human Resources
TENURE
1.1 yrs

Walter Farag

TITLE
Corporate Treasurer
TENURE
2.1 yrs

Sylvia Chen

TITLE
Global Controller
Board of Directors Tenure

Average tenure and age of the Dundee Precious Metals board of directors in years:

7.4
Average Tenure
66
Average Age
  • The tenure for the Dundee Precious Metals board of directors is about average.
Board of Directors

Jonathan Goodman

TITLE
Chairman of the Board
COMPENSATION
$381K
AGE
56
TENURE
6.2 yrs

Rick Howes

TITLE
President
COMPENSATION
$3M
AGE
60
TENURE
7.4 yrs

Peter Nixon

TITLE
Director
COMPENSATION
$197K
AGE
72
TENURE
17 yrs

R. Gillin

TITLE
Lead Director
COMPENSATION
$235K
AGE
69
TENURE
6.2 yrs

Donald Young

TITLE
Director
COMPENSATION
$212K
AGE
72
TENURE
9.1 yrs

Juanita Montalvo

TITLE
Director
COMPENSATION
$196K
AGE
52
TENURE
2.3 yrs

Jeremy Kinsman

TITLE
Director
COMPENSATION
$193K
AGE
76
TENURE
12.4 yrs

Tony Walsh

TITLE
Director
COMPENSATION
$193K
AGE
66
TENURE
7.4 yrs

Marie-Anne Tawil

TITLE
Director
COMPENSATION
$193K
AGE
58
TENURE
3.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
30. Jan 19 Buy GMT Capital Corp. Company 29. Jan 19 29. Jan 19 12,500 $2.94 $36,750
29. Jan 19 Buy GMT Capital Corp. Company 28. Jan 19 28. Jan 19 91,400 $2.87 $262,318
15. Jan 19 Buy GMT Capital Corp. Company 14. Jan 19 14. Jan 19 419,500 $2.67 $1,120,065
14. Jan 19 Buy GMT Capital Corp. Company 11. Jan 19 11. Jan 19 314,600 $2.68 $843,128
20. Dec 18 Sell Donald Young Individual 20. Dec 18 20. Dec 18 -15,800 $2.66 $-42,075
19. Dec 18 Buy GMT Capital Corp. Company 18. Dec 18 18. Dec 18 299,800 $2.60 $779,480
18. Dec 18 Buy GMT Capital Corp. Company 17. Dec 18 17. Dec 18 15,100 $2.44 $36,844
03. Oct 18 Sell GMT Capital Corp. Company 02. Oct 18 02. Oct 18 -75,360 $2.50 $-188,400
10. Sep 18 Buy GMT Capital Corp. Company 07. Sep 18 07. Sep 18 151,700 $2.15 $326,155
07. Sep 18 Buy GMT Capital Corp. Company 06. Sep 18 06. Sep 18 21,900 $2.16 $47,304
05. Sep 18 Buy GMT Capital Corp. Company 04. Sep 18 05. Sep 18 155,700 $2.13 $327,101
25. Jun 18 Buy GMT Capital Corp. Company 22. Jun 18 22. Jun 18 146,900 $2.55 $374,595
X
Management checks
We assess Dundee Precious Metals's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Dundee Precious Metals has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

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. The company was founded in 1983 and is based in Toronto, Canada.

Details
Name: Dundee Precious Metals Inc.
DPML.F
Exchange: OTCPK
Founded: 1983
CA$549,186,028
178,843,566
Website: http://www.dundeeprecious.com
Address: Dundee Precious Metals Inc.
1 Adelaide Street East,
Suite 500,
Toronto,
Ontario, M5C 2V9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX DPM Common Shares The Toronto Stock Exchange CA CAD 01. Nov 1983
OTCPK DPML.F Common Shares Pink Sheets LLC US USD 01. Nov 1983
DB DPU Common Shares Deutsche Boerse AG DE EUR 01. Nov 1983
Number of employees
Current staff
Staff numbers
3,876
Dundee Precious Metals employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 00:23
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/06/07
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.