Dundee Precious Metals Inc. (TSE:DPM) Given Consensus Recommendation of “Buy” by Analysts

Shares of Dundee Precious Metals Inc. (TSE:DPM) have been assigned an average recommendation of “Buy” from the nine brokerages that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$37.86.

A number of equities analysts recently commented on DPM shares. National Bankshares raised their target price on Dundee Precious Metals from C$36.50 to C$43.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. Macquarie upgraded Dundee Precious Metals to a “strong-buy” rating in a research report on Wednesday, September 17th. CIBC lifted their price objective on Dundee Precious Metals from C$40.00 to C$44.00 and gave the company a “neutral” rating in a research report on Friday, December 5th. BMO Capital Markets boosted their price objective on Dundee Precious Metals from C$38.00 to C$50.00 in a research note on Friday, December 5th. Finally, Scotiabank raised their target price on shares of Dundee Precious Metals from C$36.50 to C$43.00 and gave the stock an “outperform” rating in a research note on Friday, December 5th.

Dundee Precious Metals Trading Up 1.8%

Shares of TSE DPM opened at C$47.49 on Thursday. Dundee Precious Metals has a 12-month low of C$13.48 and a 12-month high of C$48.58. The firm has a market capitalization of C$10.54 billion, a price-to-earnings ratio of 27.29, a price-to-earnings-growth ratio of 0.04 and a beta of 1.34. The firm has a 50 day moving average of C$39.56 and a 200 day moving average of C$31.50.

Dundee Precious Metals (TSE:DPM) last released its quarterly earnings results on Thursday, November 13th. The mining company reported C$0.73 earnings per share for the quarter. Dundee Precious Metals had a net margin of 41.23% and a return on equity of 17.15%. The business had revenue of C$372.35 million for the quarter. Sell-side analysts predict that Dundee Precious Metals will post 1.9039474 EPS for the current year.

About Dundee Precious Metals

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.