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Dundee Precious Metals Inc. (T:DPM)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
See Regulatory Filings on SEDAR
Company Contact
Address: 1 Adelaide St E Suite 500
Tel: N/A
IR: See website
Key People
Jonathan Carter Goodman
Chairman of the Board
Mark Crawley
Vice President - Commercial Affairs
David Rae
President, Chief Executive Officer, Director
Hume D. Kyle
Chief Financial Officer, Executive Vice President
Michael Ryan Dorfman
Senior Vice President - Corporate Development
Richard Gosse
Senior Vice President - Exploration
Nikolay Hristov
Senior Vice President - Sustainable Business Development
John Lindsay
Senior Vice President - Projects
Paul Proulx
Senior Vice President - Corporate Services
Kelly E. Stark-Anderson
Vice President - Legal and Corporate Secretary
Business Overview
Dundee Precious Metals Inc. is a gold mining company. The Company, through its subsidiaries, is engaged in the acquisition, exploration, development, mining and processing of precious metals. Its segments include Dundee Precious Metals Chelopech EAD (Chelopech) in Bulgaria, Dundee Precious Metals Tsumeb (Proprietary) Limited (Tsumeb) in Namibia, and Corporate and Other. The Corporate and Other segment includes exploration and development projects. Its subsidiaries include Chelopech, which owns and operates a gold, copper and silver mine located east of Sofia, Bulgaria; Dundee Precious Metals Krumovgrad EAD (Krumovgrad), which is engaged in the construction of a gold mine located in south eastern Bulgaria; Tsumeb, which owns and operates a custom smelter located in Tsumeb, Namibia, and Avala Resources Ltd., which is focused on the exploration and development of the Lenovac project, the Timok gold project, the Tulare copper and gold project and other early-stage projects in Serbia.
Financial Overview
For the three months ended 31 March 2020, Dundee Precious Metals Inc revenues increased 78% to $151.7M. Net income totaled $43.2M vs. loss of $1.5M. Revenues reflect Ada Tepe segment increase from $0K to $43M, Chelopech segment increase of 51% to $63.1M. Net Income reflects Administrative and other expenses decrease of 74% to $3.5M (expense), Finance cost decrease of 27% to $2.2M (expense). Dividend per share totaled to $0.02.
Employees: 2,159 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $1,331M as of Mar 31, 2020
Annual revenue (TTM): $658.77M as of Mar 31, 2020
EBITDA (TTM): $279.95M as of Mar 31, 2020
Net annual income (TTM): -$35.61M as of Mar 31, 2020
Free cash flow (TTM): $54.47M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 180,901,184 as of Apr 29, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization