Dundee Precious Metals (TSE:DPM) Hits New 12-Month High – Should You Buy?

Dundee Precious Metals Inc. (TSE:DPM) reached a new 52-week high on Monday . The stock traded as high as C$39.72 and last traded at C$39.22, with a volume of 49472 shares trading hands. The stock had previously closed at C$39.00.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on DPM shares. CIBC upped their price target on Dundee Precious Metals from C$33.00 to C$40.00 in a research note on Friday, October 10th. Royal Bank Of Canada boosted their target price on shares of Dundee Precious Metals from C$24.00 to C$32.00 and gave the company a “moderate buy” rating in a report on Wednesday, September 10th. Canaccord Genuity Group upped their target price on shares of Dundee Precious Metals from C$28.50 to C$38.00 in a research report on Thursday, October 2nd. BMO Capital Markets set a C$36.00 price target on shares of Dundee Precious Metals and gave the stock an “outperform” rating in a research note on Friday, September 12th. Finally, Stifel Canada raised shares of Dundee Precious Metals to a “strong-buy” rating in a research note on Thursday, September 4th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$33.16.

Dundee Precious Metals Price Performance

The stock has a market capitalization of C$8.64 billion, a PE ratio of 22.39, a PEG ratio of 0.04 and a beta of 1.05. The business has a 50 day moving average price of C$32.50 and a 200 day moving average price of C$26.58.

Dundee Precious Metals (TSE:DPM) last posted its quarterly earnings results on Thursday, November 13th. The mining company reported C$0.73 earnings per share (EPS) for the quarter. Dundee Precious Metals had a return on equity of 17.15% and a net margin of 41.23%.The firm had revenue of C$372.35 million during the quarter. On average, equities analysts expect that Dundee Precious Metals Inc. will post 1.9039474 earnings per share for the current year.

Dundee Precious Metals Company Profile

DPM Metals engages in the acquisition, exploration, development, mining, and processing of precious metals, primarily focusing on gold, copper, and silver deposits. The company produces approximately 200,000 ounces of gold annually and is among the lowest-cost gold producers globally. DPM Metals maintains a strong financial position with $763 million in net cash as of March 2025 and has returned over $260 million to shareholders since 2020.