Dundee Precious Metals (TSE:DPM) Price Target Raised to C$43.00

Dundee Precious Metals (TSE:DPM) had its price target increased by Scotiabank from C$36.50 to C$43.00 in a research report released on Friday,BayStreet.CA reports. They currently have an outperform rating on the mining company’s stock.

Several other brokerages also recently weighed in on DPM. Macquarie raised shares of Dundee Precious Metals to a “strong-buy” rating in a report on Wednesday, September 17th. CIBC boosted 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. Stifel Canada upgraded Dundee Precious Metals to a “strong-buy” rating in a research report on Thursday, September 4th. BMO Capital Markets lifted their target price on Dundee Precious Metals from C$38.00 to C$50.00 in a research note on Friday. Finally, Jefferies Financial Group upped their price target on Dundee Precious Metals from C$40.00 to C$42.00 in a research note on Friday, October 17th. Two investment 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 MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$37.86.

Dundee Precious Metals Trading Up 2.3%

Dundee Precious Metals stock opened at C$40.18 on Friday. Dundee Precious Metals has a 12-month low of C$12.76 and a 12-month high of C$40.83. The firm has a market capitalization of C$8.92 billion, a price-to-earnings ratio of 23.09, a P/E/G ratio of 0.04 and a beta of 1.21. The firm has a 50 day moving average of C$33.37 and a 200 day moving average of C$27.28.

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