Dundee Precious Metals to Report Q2 Earnings: What to Expect?
ZACKS·2025-07-29 16:45

Core Insights - Dundee Precious Metals Inc. (DPMLF) is anticipated to report a year-over-year increase in earnings for Q2 2025, with a consensus estimate of 52 cents per share, reflecting a 33% growth compared to the previous year despite a 1.9% downward revision in estimates over the last 60 days [1][7]. Financial Performance - The earnings estimates for Dundee Precious Metals have shown a slight decline of 1.89% for Q1 and an increase of 22.41% for Q2, with the overall trend indicating a positive outlook for future quarters [2]. - The company has delivered an average earnings surprise of 5.05% over the trailing four quarters, indicating a history of outperforming estimates [4]. Production and Sales - Chelopech produced approximately 47,000 ounces of gold and 6.4 million pounds of copper in Q2 2025, with gold production up 7% year-over-year, while copper production fell 19% due to lower grades [6][8]. - Ada Tepe produced 14,100 ounces of gold, reflecting a 41% year-over-year decline attributed to mining lower-grade zones and decreased ore processing [8]. - Consolidated gold production for Q2 2025 was 61,100 ounces, down 10% year-over-year, while consolidated payable gold in concentrate sold decreased 13% to roughly 52,900 ounces [9]. Pricing Trends - Gold prices averaged around $3,301.42 per ounce in Q2 2025, marking a 41% year-over-year increase, driven by tariff threats, financial uncertainty, geopolitical tensions, and strong demand from central banks [10]. - Copper prices also showed strength, with an average increase of 5% year-over-year, which is expected to help offset the impact of lower sales volumes on the company's performance [11]. Cost Structure - The cost of sales is expected to have declined year-over-year due to lower depreciation and reduced royalties, which is anticipated to favor the company's earnings despite higher labor costs [11]. Recent Developments - Dundee Precious Metals filed management information for a special shareholder meeting scheduled for August 13, 2025, to vote on the acquisition of Adriatic Metals plc and a proposed name change to DPM Metals Inc. [14][15]. - The acquisition will provide full ownership of the Vareš operation in Bosnia and Herzegovina, enhancing the company's asset portfolio [15]. Stock Performance - Over the past year, shares of Dundee Precious Metals have increased by 96.9%, significantly outperforming the industry growth of 42.7% [16].