Dundee Precious Metals (TSE:DPM) Price Target Raised to C$44.00

Dundee Precious Metals (TSE:DPM) had its price target upped by CIBC from C$40.00 to C$44.00 in a research report released on Friday,BayStreet.CA reports. They currently have a neutral rating on the mining company’s stock.

A number of other analysts have also commented on DPM. Stifel Canada raised Dundee Precious Metals to a “strong-buy” rating in a research report on Thursday, September 4th. Macquarie raised Dundee Precious Metals to a “strong-buy” rating in a research note on Wednesday, September 17th. Royal Bank Of Canada boosted their price objective on Dundee Precious Metals from C$24.00 to C$32.00 and gave the company a “moderate buy” rating in a report on Wednesday, September 10th. Jefferies Financial Group increased their target price on Dundee Precious Metals from C$40.00 to C$42.00 in a report on Friday, October 17th. Finally, BMO Capital Markets lifted their price target on shares of Dundee Precious Metals from C$38.00 to C$50.00 in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Dundee Precious Metals currently has an average rating of “Buy” and an average price target of C$37.86.

Dundee Precious Metals Stock Up 2.3%

Shares of TSE DPM opened at C$40.18 on Friday. The firm has a market cap of C$8.92 billion, a PE ratio of 23.09, a P/E/G ratio of 0.04 and a beta of 1.21. The company’s fifty day simple moving average is C$33.37 and its 200 day simple moving average is C$27.28. Dundee Precious Metals has a 12-month low of C$12.76 and a 12-month high of C$40.83.

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. Dundee Precious Metals had a net margin of 41.23% and a return on equity of 17.15%. The firm had revenue of C$372.35 million during the quarter. On average, equities analysts predict that Dundee Precious Metals will post 1.9039474 earnings per share for the current 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.