Dundee Precious Metals (TSE:DPM) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Dundee Precious Metals Inc. (TSE:DPM)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$46.27 and traded as high as C$51.24. Dundee Precious Metals shares last traded at C$48.93, with a volume of 868,922 shares traded.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada boosted their target price on Dundee Precious Metals from C$46.00 to C$63.00 in a research note on Thursday, March 12th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of C$56.11.

Dundee Precious Metals Stock Performance

The firm has a fifty day moving average price of C$46.27 and a 200 day moving average price of C$48.38. The company has a market cap of C$10.82 billion, a price-to-earnings ratio of 19.19, a P/E/G ratio of 0.04 and a beta of 1.44.

Dundee Precious Metals (TSE:DPM) last issued its earnings results on Tuesday, May 5th. The mining company reported C$1.06 earnings per share for the quarter. The business had revenue of C$431.50 million for the quarter. Dundee Precious Metals had a net margin of 47.14% and a return on equity of 22.46%. On average, analysts expect that Dundee Precious Metals Inc. will post 1.9039474 EPS for the current fiscal year.

Insider Buying and Selling at Dundee Precious Metals

In other news, insider Alexandria Louise Wilson sold 4,466 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of C$48.69, for a total value of C$217,449.54. 0.16% of the stock is owned by corporate 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.