Record Free Cash Flow
Dundee Precious Metals (DPM) generated a record $305 million in free cash flow in 2024, growing its cash position to over $800 million at the beginning of 2025.
Strong Operational Performance
DPM consistently delivered on gold production and cost guidance, maintaining a low cost structure with all-in sustaining costs averaging $872 per ounce of gold sold, only a 3% increase from the prior year.
Čoka Rakita Project Advancements
DPM rapidly advanced the Čoka Rakita project, completing a prefeasibility study and targeting production by 2028 with $23 million to $25 million planned for exploration in 2025.
Significant Capital Returns
DPM returned $261 million to shareholders since 2020 and plans up to $200 million in additional share repurchases in 2025.
Strong Financial Position
DPM maintains a strong balance sheet with $635 million in cash, no debt, and a $150 million undrawn revolving credit facility.