Dundee Precious Metals (TSX: DPM) Forecasts Gold production of 245k to 285k Ounces in FY24

Fri 05 Jul 24, 01:17 AM | Team Kalkine

Image source: Megapixl

Highlights

Dundee Precious Metals Inc (TSX: DPM) is a global mining company specializing in precious metals with operations in Bulgaria and Namibia. It has a market capitalization of CAD 2.02 billion.

In Q1 2024, the company's revenue decreased by 2.1% to USD 123.7 million from USD 126.3 million in pcp, primarily attributed to reduced production volume, partially offset by a higher average realized gold price. Total expenses were lower overall in Q1 2024, aided by additional income, although exploration and evaluation costs were notably elevated.

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