CIBC Increases Dundee Precious Metals (TSE:DPM) Price Target to C$58.00

Dundee Precious Metals (TSE:DPM) had its target price raised by equities researchers at CIBC from C$44.00 to C$58.00 in a research report issued on Wednesday,BayStreet.CA reports. CIBC’s price target suggests a potential upside of 21.59% from the company’s current price.

A number of other equities research analysts also recently commented on the company. Scotiabank boosted their target price on Dundee Precious Metals from C$43.00 to C$55.00 in a research report on Monday, January 26th. TD Securities lifted their price objective on Dundee Precious Metals from C$42.00 to C$57.00 in a research note on Thursday, January 22nd. Jefferies Financial Group increased their target price on Dundee Precious Metals from C$40.00 to C$42.00 in a research report on Friday, October 17th. National Bankshares boosted their price target on shares of 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. Finally, BMO Capital Markets upped their price target on shares of Dundee Precious Metals from C$38.00 to C$50.00 in a research note on Friday, December 5th. Two equities research 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’s stock. Based on data from MarketBeat, Dundee Precious Metals presently has an average rating of “Buy” and an average target price of C$44.31.

Dundee Precious Metals Stock Performance

DPM stock opened at C$47.70 on Wednesday. The company’s fifty day moving average price is C$44.60 and its 200-day moving average price is C$34.48. Dundee Precious Metals has a one year low of C$15.15 and a one year high of C$55.24. The company has a market capitalization of C$10.58 billion, a PE ratio of 27.41, a price-to-earnings-growth ratio of 0.04 and a beta of 1.02.

Dundee Precious Metals (TSE:DPM) last announced its quarterly 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 for the quarter. On average, research analysts predict that Dundee Precious Metals will post 1.9039474 EPS for the current fiscal 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.