Canada's Dundee Precious Metals Q4 revenue surges on rise in prices
Overview
Canada-based mining firm's Q4 adjusted EBITDA exceeded analyst estimates
Company achieved record free cash flow of $505 mln for 2025
Outlook
Company expects Vareš production to reach full capacity by year-end 2026
DPM plans $49 mln to $53 mln in Čoka Rakita pre-construction spending for 2026
Company anticipates first concentrate production at Čoka Rakita in H1 2029
Result Drivers
HIGH METAL PRICES - Revenue and earnings were boosted by high realized metal prices, contributing to record financial results
GOLD PRODUCTION - Chelopech met production guidance with higher gold and copper grades, while Ada Tepe's production was lower due to mining in lower grade zones
VAREŠ CONTRIBUTION - The acquisition of Vareš contributed to revenue growth, with integration progressing well
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $352.50 mln | $265.24 mln (2 Analysts) |
Q4 Adjusted Net Income |
| $170.40 mln |
|
Q4 Net Income |
| $157.30 mln |
|
Q4 Adjusted EBITDA | Beat | $230 mln | $210.85 mln (3 Analysts) |
Q4 Free Cash Flow |
| $182.80 mln |
|
Q4 Pretax Profit |
| $183.10 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "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 DPM Metals Inc is C$57.50, about 9.2% above its February 9 closing price of C$52.66
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 10 three months ago
Press Release: ID:nGNX6ZWkqK
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
Related Articles
After $20B Debt Sale, Google’s Rare 100-Year Bond Sparks Scrutiny: Has AI Drained the Tech Giant’s Coffers?
TradingKey - According to a Financial Times report, Google parent Alphabet (GOOG)(GOOGL) is planning to issue bonds denominated in British pounds and Swiss francs, which may include the first 100-year GBP bond of this century.
What is behind the continuous plunge in Japanese government bonds?
TradingKey - Recently, long-term Japanese government bonds (JGBs) have faced a sustained sell-off, causing prices to plunge and yields to surge to nearly 27-year highs. On January 20, the 10-year JGB yield climbed to 2.330% at one point, marking its highest level since February 1999. On February 9,
SpaceX IPO Approaching: Will EchoStar Be a Good Buy in 2026?
TradingKey - Today, EchoStar (SATS) is a hybrid story around legacy consumer communications and a high-profile private space play. As a result of its merger with DISH, the company offers satellite TV services and the wireless brand Boost Mobile, in addition to spectrum assets and wholesale network a
Market Cap Erased, Successive Downgrades? Wall Street Is Re-evaluating Microsoft’s AI Future
TradingKey - In early 2026, tech giant Microsoft (MSFT) got off to a less-than-ideal start. Year-to-date, its share price has fallen by more than 12%, and its total market capitalization briefly dipped below the $3 trillion mark. As a former leader in technological innovation, why has Microsoft suddenly appeared to stumble in the current AI wave? What are the underlying issues?
