- 240,000 ounces of gold annually (average for next 3 years)
- Among the lowest cost gold producers
- Significant free cash flow generation
- Growing net cash position ($595M as at December 31, 2023)
- New high-grade discovery at Čoka Rakita in Serbia
- Advancing permitting for Loma Larga in Ecuador
- Aggressively investing in brownfields exploration
- Adding value through innovation
- Fostering strong community relationships
- Industry-leading ESG solutions
- Quarterly dividend has doubled since initiated in Q1 2020
- Enhanced share buyback program
- Attractive valuation
Latest PresentationView All
Latest News Releases View All
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May 1
2024Dundee Precious Metals Announces Positive Preliminary Economic Assessment for the Čoka Rakita Project in Serbia, including IRR of 33% and NPV of $588M -
Apr 18
2024Dundee Precious Metals Annual Meeting of Shareholders to be Held May 8, 2024 -
Apr 8
2024Dundee Precious Metals Delivers Strong First Quarter Gold Production; Announces Timing of First Quarter Financial Results
Webcast and Events
View AllFirst Quarter 2024 Operating and Financial Results Conference Call and Webcast
May 08, 20242024 Annual Meeting of Shareholders
May 08, 2024Gold Forum Americas
September 15, 2024Media and Interviews
View AllDundee Precious Metals (TSX:DPM) - Strong Cash Flows; Evaluating Growth Opportunities
Dundee Precious Metals (TSX:DPM) - Strong Production, Exploration Success & Q2 Financial Highlights
Financial Reports
Annual General Meeting
Technical Reports
Mineral Reserve and Mineral Resource Update for the Ada Tepe Mine, Krumovgrad, Bulgaria
Investor FAQ
Please review these Frequently Asked Questions to learn more about our company:
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Who do I contact for questions about my shares or share ownership?
Registered shareholders (those holding DPM shares in their own name)
For simple enquiries or requests (change of mailing address, lost share certificates) contact our transfer agent:
Computershare Investor Services
100 University Avenue, 9th Floor
Toronto ON Canada M5J 2Y1
1-800-564-6253 (toll-free in North America)
1-514-985-7555 (outside North America)Non-registered shareholders (holding shares through a brokerage firm or other financial institution) please contact your brokerage firm or financial institution.
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What is Dundee Precious Metals’ stock symbol?
We are listed as DPM on the Toronto Stock Exchange.
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Can I buy shares directly from DPM?
No, however you can purchase DPM shares through a direct or online brokerage.
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Is there a Dividend Reinvestment plan?
No, DPM does not have a dividend reinvestment plan.
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What is the company’s history?
Originally Dundee Precious Metals was a closed-end fund, with a majority of its investments in the gold mining industry. In September 2003, after extensive due diligence, we acquired two gold assets in Bulgaria. In April 2004, we finalized our conversion to a gold mining company.
Today, we are a mid-tier gold producer, based in Canada, with operating mines in Bulgaria, a smelter in Namibia, and development properties in Ecuador, Serbia, Canada and Bulgaria.
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What assets does Dundee Precious Metals own and where are they located?
DPM global portfolio includes the Chelopech underground mine (100%), the Ada Tepe open-pit mine (100%), both of which are located in Bulgaria, the Tsumeb smelter in Namibia (92%), the Timok gold project in Serbia (100%) and the Loma Larga project in Ecuador (100%). DPM also has two exploration projects, Čoka Rakita in Serbia and Tierras Coloradas in Ecuador.
For more information on our operating assets, see Assets Overview
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Why do you own a smelter in Namibia?
The Tsumeb smelter is one of the few smelters that can treat complex polymetallic ores—including those with higher arsenic content, such as concentrate from our Chelopech mine. We acquired the facility in 2010 with the objective of ensuring a stable, consistent facility for our concentrates. Commencing in 2024, we no longer expect to ship our concentrate from Chelopech for processing at the Tsumeb smelter, and no longer consider the asset strategic to our portfolio.
Analyst Coverage
Firm | Analyst | Contact |
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Beacon Securities Ltd. | Bereket Berhe | 416-507-3978 |
BMO Capital Markets | Raj Ray | +44 (0)20 7246 5430 |
CIBC World Markets | Cosmos Chiu | 416-956-6218 |
Canaccord Genuity | Jeremy Hoy | 647-210-1941 |
GMP Stifel | Ingrid Rico | 416-941-0243 |
Jefferies | Matthew Murphy | 416-847-7401 |
National Bank Financial | Don DeMarco | 416-869-7572 |
Paradigm Capital | Don MacLean | 416-360-3459 |
RBC Capital Markets | Wayne Lam | 416-842-7840 |
Scotia Capital | Eric Winmill | 416-862-3738 |
Please note that any opinions, estimates or forecasts regarding DPM’s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of DPM or its management. By providing this list DPM does not imply its endorsement of or concurrence with such information, conclusions or recommendations. DPM does not provide analyst reports. Please contact the research analyst directly to obtain a report, DPM does not distribute analyst reports.