Dundee Precious Metals (TSE:DPM) Stock Price Expected to Rise, Canadian Imperial Bank of Commerce Analyst Says

Dundee Precious Metals (TSE:DPM) had its target price boosted by research analysts at Canadian Imperial Bank of Commerce from C$58.00 to C$64.00 in a research note issued to investors on Thursday,BayStreet.CA reports. Canadian Imperial Bank of Commerce’s target price suggests a potential upside of 8.36% from the company’s previous close.

A number of other brokerages have also recently issued reports on DPM. Scotiabank lifted their price target on shares of Dundee Precious Metals from C$43.00 to C$55.00 in a research report on Monday, January 26th. BMO Capital Markets raised 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. TD Securities boosted their price target on Dundee Precious Metals from C$42.00 to C$57.00 in a research report on Thursday, January 22nd. Stifel Nicolaus upped their price target on Dundee Precious Metals from C$46.00 to C$61.00 in a research note on Tuesday, February 10th. Finally, National Bank Financial raised their price objective on Dundee Precious Metals from C$36.50 to C$43.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of C$49.11.

Dundee Precious Metals Stock Up 0.3%

TSE DPM opened at C$59.06 on Thursday. The firm has a market capitalization of C$13.11 billion, a PE ratio of 29.68, a P/E/G ratio of 0.04 and a beta of 1.02. The stock’s 50 day moving average is C$48.91 and its 200 day moving average is C$37.85. Dundee Precious Metals has a twelve month low of C$16.36 and a twelve month high of C$60.13.

Dundee Precious Metals (TSE:DPM) last posted its quarterly earnings data on Tuesday, February 10th. The mining company reported C$1.06 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 business had revenue of C$471.85 million during the quarter. On average, research analysts anticipate that Dundee Precious Metals will post 1.9039474 earnings per share for the current year.

Insider Buying and Selling

In other Dundee Precious Metals news, insider William John Jr. Decooman sold 7,671 shares of Dundee Precious Metals stock in a transaction on Thursday, February 12th. The stock was sold at an average price of C$50.20, for a total value of C$385,084.20. Corporate 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.