TD Securities Raises Dundee Precious Metals (TSE:DPM) Price Target to C$57.00

Dundee Precious Metals (TSE:DPM) had its price target hoisted by analysts at TD Securities from C$42.00 to C$57.00 in a note issued to investors on Thursday,BayStreet.CA reports. TD Securities’ price objective points to a potential upside of 13.34% from the company’s previous close.

A number of other analysts also recently issued reports on the stock. Jefferies Financial Group lifted their price target on shares of Dundee Precious Metals from C$40.00 to C$42.00 in a report on Friday, October 17th. National Bankshares 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. Scotiabank boosted their target price on Dundee Precious Metals from C$36.50 to C$43.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. CIBC increased their price target on Dundee Precious Metals from C$40.00 to C$44.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. Finally, Canaccord Genuity Group raised their price target on Dundee Precious Metals from C$28.50 to C$38.00 in a report on Thursday, October 2nd. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of C$41.42.

Dundee Precious Metals Stock Up 0.8%

TSE DPM opened at C$50.29 on Thursday. Dundee Precious Metals has a twelve month low of C$14.09 and a twelve month high of C$50.35. The business has a 50-day moving average price of C$41.92 and a 200-day moving average price of C$32.73. The firm has a market cap of C$11.16 billion, a price-to-earnings ratio of 28.90, a price-to-earnings-growth ratio of 0.04 and a beta of 1.34.

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