Dundee Precious Metals (TSE:DPM) Price Target Raised to C$55.00

Dundee Precious Metals (TSE:DPM) had its target price boosted by equities research analysts at Scotiabank from C$43.00 to C$55.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. Scotiabank’s target price would suggest a potential upside of 6.05% from the company’s current price.

Several other analysts have also issued reports on DPM. Jefferies Financial Group upped their price target on shares of Dundee Precious Metals from C$40.00 to C$42.00 in a research report on Friday, October 17th. Canaccord Genuity Group lifted their target price on Dundee Precious Metals from C$28.50 to C$38.00 in a research note on Thursday, October 2nd. National Bankshares lifted their price target 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. BMO Capital Markets upped their target price on shares of Dundee Precious Metals from C$38.00 to C$50.00 in a research note on Friday, December 5th. Finally, TD Securities raised their target price on shares of Dundee Precious Metals from C$42.00 to C$57.00 in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Dundee Precious Metals has an average rating of “Buy” and an average target price of C$42.75.

Dundee Precious Metals Trading Up 3.1%

DPM stock traded up C$1.57 during trading on Monday, reaching C$51.86. 618,229 shares of the stock were exchanged, compared to its average volume of 838,484. The firm’s 50 day moving average is C$41.92 and its 200 day moving average is C$32.88. The firm has a market cap of C$11.51 billion, a P/E ratio of 29.80, a price-to-earnings-growth ratio of 0.04 and a beta of 1.34. Dundee Precious Metals has a twelve month low of C$14.09 and a twelve month high of C$53.56.

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