Dundee Precious Metals (TSE:DPM) Price Target Raised to C$70.00

Dundee Precious Metals (TSE:DPM) had its target price lifted by Canaccord Genuity Group from C$62.00 to C$70.00 in a report issued on Friday,BayStreet.CA reports.

Several other research analysts also recently weighed in on DPM. National Bank Financial boosted their target price on shares of Dundee Precious Metals from C$36.50 to C$43.00 and gave the company an “outperform” rating in a research note on Friday, December 5th. TD Securities raised their price target on shares of Dundee Precious Metals from C$42.00 to C$57.00 in a research note on Thursday, January 22nd. BMO Capital Markets boosted their price objective on shares of Dundee Precious Metals from C$38.00 to C$50.00 in a research report on Friday, December 5th. Canadian Imperial Bank of Commerce upped their price objective on shares of Dundee Precious Metals from C$58.00 to C$64.00 in a research note on Thursday, February 26th. Finally, Stifel Nicolaus raised their target price on shares of Dundee Precious Metals from C$46.00 to C$61.00 in a research report on Tuesday, February 10th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$52.67.

Dundee Precious Metals Stock Performance

TSE DPM opened at C$54.83 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.58 and a quick ratio of 6.61. The company has a fifty day moving average of C$50.16 and a two-hundred day moving average of C$39.16. The company has a market capitalization of C$12.17 billion, a PE ratio of 27.55, a P/E/G ratio of 0.04 and a beta of 1.19. Dundee Precious Metals has a 1 year low of C$17.04 and a 1 year high of C$60.13.

Dundee Precious Metals (TSE:DPM) last released its quarterly earnings results on Tuesday, February 10th. The mining company reported C$1.06 earnings per share for the quarter. The company had revenue of C$471.85 million during the quarter. Dundee Precious Metals had a return on equity of 19.82% and a net margin of 42.07%. As a group, analysts expect that Dundee Precious Metals will post 1.9039474 earnings per share for the current year.

Insider Buying and Selling

In other news, insider William John Jr. Decooman sold 7,671 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of C$50.20, for a total transaction of C$385,084.20. 0.16% of the stock is owned by company insiders.

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.