Dundee Precious Metals (TSE:DPM) Price Target Raised to C$57.00

Dundee Precious Metals (TSE:DPM) had its price target raised by TD Securities from C$42.00 to C$57.00 in a report issued on Thursday,BayStreet.CA reports.

DPM has been the subject of a number of other reports. Canaccord Genuity Group upped their price objective on shares of Dundee Precious Metals from C$28.50 to C$38.00 in a research report on Thursday, October 2nd. Scotiabank increased their price target on Dundee Precious Metals from C$36.50 to C$43.00 and gave the company an “outperform” rating in a research note on Friday, December 5th. CIBC boosted their price objective on Dundee Precious Metals from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a research report on Friday, December 5th. BMO Capital Markets upped their target price on Dundee Precious Metals from C$38.00 to C$50.00 in a report on Friday, December 5th. Finally, National Bankshares lifted their price target on Dundee Precious Metals from C$36.50 to C$43.00 and gave the company an “outperform” rating in a research note on Friday, December 5th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of C$41.42.

Dundee Precious Metals Price Performance

Shares of DPM opened at C$50.29 on Thursday. The firm has a 50 day simple moving average of C$41.92 and a two-hundred day simple moving average of C$32.80. Dundee Precious Metals has a one year low of C$14.09 and a one year high of C$50.35. The company has a market cap of C$11.16 billion, a P/E ratio of 28.90, a P/E/G ratio of 0.04 and a beta of 1.34.

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