Dundee Precious Metals (TSE:DPM) Price Target Raised to C$50.00

Dundee Precious Metals (TSE:DPM) had its target price raised by BMO Capital Markets from C$38.00 to C$50.00 in a report issued on Friday morning,BayStreet.CA reports.

A number of other analysts also recently issued reports on the stock. CIBC boosted their price objective on shares of Dundee Precious Metals from C$33.00 to C$40.00 in a report on Friday, October 10th. Royal Bank Of Canada boosted their price target on Dundee Precious Metals from C$24.00 to C$32.00 and gave the company a “moderate buy” rating in a research note on Wednesday, September 10th. Macquarie raised Dundee Precious Metals to a “strong-buy” rating in a research report on Wednesday, September 17th. Scotiabank raised their price objective on Dundee Precious Metals from C$26.50 to C$28.50 and gave the stock an “outperform” rating in a research note on Thursday, September 4th. Finally, Canaccord Genuity Group upped their target price on Dundee Precious Metals from C$28.50 to C$38.00 in a research report on Thursday, October 2nd. Two research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$37.86.

Dundee Precious Metals Stock Performance

TSE:DPM opened at C$40.18 on Friday. The company has a market cap of C$8.92 billion, a price-to-earnings ratio of 23.09, a PEG ratio of 0.04 and a beta of 1.21. The firm’s 50-day moving average is C$33.37 and its 200-day moving average is C$27.28. Dundee Precious Metals has a 52-week low of C$12.76 and a 52-week high of C$40.83.

Dundee Precious Metals (TSE:DPM) last announced its earnings results on Thursday, November 13th. The mining company reported C$0.73 earnings per share (EPS) for the quarter. Dundee Precious Metals had a net margin of 41.23% and a return on equity of 17.15%. The company had revenue of C$372.35 million during the quarter. Equities 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.