Overview
* Dundee Precious Metals ( DPMLF ) Q2 adjusted EPS beats analyst expectations, per LSEG data
* Adjusted EBITDA for Q2 missed consensus estimates, per LSEG data
* Co, on June 13, announced acquisition of Adriatic Metals, enhancing growth profile
Outlook
* DPM on track to meet 2025 production guidance
* Company reconfirms 2025 all-in sustaining cost of $780-$900/oz gold
* Čoka Rakita feasibility study on track for year-end 2025 completion
* DPM plans $40-$45 mln growth capex for Čoka Rakita in 2025
Result Drivers
* HIGHER GOLD GRADES - Increased gold grades at Chelopech contributed to higher production, offsetting lower volumes processed
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 $186.50
Revenue mln
Q2 Beat $0.52 $0.47 (6
Adjusted Analysts
EPS )
Q2 $87.60
Adjusted mln
Net
Income
Q2 Net $82.40
Income mln
Q2 Miss $114.10 $115.40
Adjusted mln mln (1
EBITDA Analyst)
Q2 Free $94.60
Cash mln
Flow
Q2 $92 mln
Pretax
Profit
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the gold peer group is "buy"
* Wall Street's median 12-month price target for Dundee Precious Metals Inc ( DPMLF ) is C$26.50, about 15.1% above its July 30 closing price of C$22.50
* The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)