Dundee Precious Metals (TSE:DPM) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Shares of Dundee Precious Metals Inc. (TSE:DPM) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$41.20 and traded as high as C$46.26. Dundee Precious Metals shares last traded at C$45.48, with a volume of 608,841 shares traded.

Analysts Set New Price Targets

A number of research firms have commented on DPM. Stifel Nicolaus increased their price target on Dundee Precious Metals from C$46.00 to C$61.00 in a research note on Tuesday, February 10th. TD Securities boosted their price target on Dundee Precious Metals from C$42.00 to C$57.00 in a research note on Thursday, January 22nd. Canaccord Genuity Group upped their price objective on shares of Dundee Precious Metals from C$62.00 to C$70.00 in a report on Friday, March 6th. Canadian Imperial Bank of Commerce increased their price objective on shares of Dundee Precious Metals from C$58.00 to C$64.00 in a research report on Thursday, February 26th. Finally, National Bank Financial lifted their target price on shares of 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. Two investment 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 stock. According to MarketBeat, Dundee Precious Metals has an average rating of “Buy” and a consensus target price of C$56.11.

Dundee Precious Metals Price Performance

The company has a quick ratio of 6.61, a current ratio of 3.58 and a debt-to-equity ratio of 0.48. The stock’s 50 day moving average price is C$50.99 and its two-hundred day moving average price is C$41.20. The stock has a market cap of C$10.09 billion, a price-to-earnings ratio of 22.85, a price-to-earnings-growth ratio of 0.04 and a beta of 1.19.

Dundee Precious Metals (TSE:DPM) last posted its quarterly earnings results on Tuesday, February 10th. The mining company reported C$1.06 EPS for the quarter. The company had revenue of C$471.85 million for the quarter. Dundee Precious Metals had a net margin of 42.07% and a return on equity of 19.82%. Equities research analysts forecast that Dundee Precious Metals Inc. will post 1.9039474 EPS for the current fiscal year.

Insider Activity

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

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.