Stifel Nicolaus Forecasts Strong Price Appreciation for Dundee Precious Metals (TSE:DPM) Stock

Dundee Precious Metals (TSE:DPM) had its price objective boosted by investment analysts at Stifel Nicolaus from C$46.00 to C$61.00 in a note issued to investors on Tuesday,BayStreet.CA reports. Stifel Nicolaus’ price objective points to a potential upside of 10.91% from the stock’s previous close.

Other analysts have also issued reports about the stock. Jefferies Financial Group raised their price objective on shares of Dundee Precious Metals from C$40.00 to C$42.00 in a research note on Friday, October 17th. BMO Capital Markets raised their target price on Dundee Precious Metals from C$38.00 to C$50.00 in a report on Friday, December 5th. National Bank Financial increased their price target on Dundee Precious Metals from C$36.50 to C$43.00 and gave the stock an “outperform” rating in a research note on Friday, December 5th. Canadian Imperial Bank of Commerce boosted their target price on Dundee Precious Metals from C$44.00 to C$58.00 in a research report on Wednesday, February 4th. Finally, 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. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of C$48.44.

Dundee Precious Metals Trading Up 5.5%

TSE:DPM opened at C$55.00 on Tuesday. The company has a 50-day moving average price of C$45.71 and a 200-day moving average price of C$35.38. The stock has a market cap of C$12.20 billion, a price-to-earnings ratio of 31.61, a P/E/G ratio of 0.04 and a beta of 1.02. Dundee Precious Metals has a 12 month low of C$15.60 and a 12 month high of C$55.24.

Dundee Precious Metals (TSE:DPM) last announced its earnings results on Tuesday, February 10th. The mining company reported C$1.06 earnings per share (EPS) for the quarter. The firm had revenue of C$471.85 million during the quarter. Dundee Precious Metals had a return on equity of 17.15% and a net margin of 41.23%. Equities analysts forecast 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.