Dundee Precious Metals (TSE:DPM) Given New C$63.00 Price Target at Royal Bank Of Canada

Dundee Precious Metals (TSE:DPM) had its price target hoisted by Royal Bank Of Canada from C$46.00 to C$63.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. Royal Bank Of Canada’s target price suggests a potential upside of 19.50% from the stock’s current price.

A number of other equities analysts also recently weighed in on the company. BMO Capital Markets boosted their price target on Dundee Precious Metals from C$38.00 to C$50.00 in a research report on Friday, December 5th. Scotiabank boosted their target price on Dundee Precious Metals from C$43.00 to C$55.00 in a report on Monday, January 26th. Stifel Nicolaus increased their price target on Dundee Precious Metals from C$46.00 to C$61.00 in a research note on Tuesday, February 10th. National Bank Financial raised their price target on Dundee Precious Metals from C$36.50 to C$43.00 and gave the company an “outperform” rating in a report on Friday, December 5th. Finally, TD Securities lifted their price objective on shares of Dundee Precious Metals from C$42.00 to C$57.00 in a research report on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of C$56.11.

Dundee Precious Metals Stock Down 1.1%

Dundee Precious Metals stock traded down C$0.60 during mid-day trading on Thursday, reaching C$52.72. The company’s stock had a trading volume of 221,820 shares, compared to its average volume of 958,808. The company has a debt-to-equity ratio of 0.48, a quick ratio of 6.61 and a current ratio of 3.58. Dundee Precious Metals has a 12 month low of C$17.29 and a 12 month high of C$60.13. The business’s 50 day simple moving average is C$50.83 and its 200 day simple moving average is C$39.65. The company has a market capitalization of C$11.70 billion, a price-to-earnings ratio of 26.49, a price-to-earnings-growth ratio of 0.04 and a beta of 1.19.

Dundee Precious Metals (TSE:DPM) last posted its quarterly earnings data on Tuesday, February 10th. The mining company reported C$1.06 EPS for the quarter. Dundee Precious Metals had a net margin of 42.07% and a return on equity of 19.82%. The company had revenue of C$471.85 million during the quarter. As a group, research analysts anticipate that Dundee Precious Metals will post 1.9039474 earnings per share for the current year.

Insider Activity at Dundee Precious Metals

In other news, insider William John Jr. Decooman sold 7,671 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of C$50.20, for a total transaction of C$385,084.20. Company insiders own 0.16% of the company’s stock.

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.