In This Article:
Dundee Precious Metals (TSE:DPM) Full Year 2024 Results
Key Financial Results
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Revenue: US$607.0m (up 17% from FY 2023).
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Net income: US$243.2m (up 34% from FY 2023).
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Profit margin: 40% (up from 35% in FY 2023). The increase in margin was driven by higher revenue.
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EPS: US$1.35 (up from US$0.98 in FY 2023).
DPM Production and Reserves
Gold
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Production: 261.33 troy koz (296.07 troy koz in FY 2023)
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Number of mines: 2 (2 in FY 2023)
Copper
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Production: 13,459 t (13,856 t in FY 2023)
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Number of mines: 1 (1 in FY 2023)
All figures shown in the chart above are for the trailing 12 month (TTM) period
Dundee Precious Metals Earnings Insights
The primary driver behind last 12 months revenue was the Chelopech segment contributing a total revenue of US$385.9m (64% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$109.2m (101% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of US$5.13m. Explore how DPM's revenue and expenses shape its earnings.
Looking ahead, revenue is expected to decline by 8.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 15%.
Performance of the Canadian Metals and Mining industry.
The company's shares are up 3.2% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Dundee Precious Metals that you should be aware of.
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