Dundee Precious Metals (TSE:DPM) PT Set at C$36.00 by BMO Capital Markets

Dundee Precious Metals (TSE:DPM) received a C$36.00 price objective from investment analysts at BMO Capital Markets in a research note issued to investors on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the mining company’s stock. BMO Capital Markets’ target price would suggest a potential upside of 20.56% from the stock’s previous close.

Several other research analysts have also issued reports on DPM. Royal Bank Of Canada increased their price objective on Dundee Precious Metals from C$24.00 to C$32.00 and gave the stock a “moderate buy” rating in a research note on Wednesday. CIBC increased their target price on Dundee Precious Metals from C$23.00 to C$25.00 in a report on Monday, June 16th. Scotiabank increased their target price on Dundee Precious Metals from C$26.50 to C$28.50 and gave the stock an “outperform” rating in a report on Thursday, September 4th. TD Securities increased their target price on Dundee Precious Metals from C$23.00 to C$25.00 and gave the stock a “buy” rating in a report on Monday, June 16th. Finally, Canaccord Genuity Group increased their target price on Dundee Precious Metals from C$23.00 to C$25.00 and gave the stock a “buy” rating in a report on Tuesday, June 17th. One analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$27.28.

Dundee Precious Metals Price Performance

Dundee Precious Metals stock opened at C$29.86 on Friday. The stock has a fifty day moving average price of C$24.46 and a two-hundred day moving average price of C$21.18. Dundee Precious Metals has a 52-week low of C$12.30 and a 52-week high of C$30.52. The firm has a market capitalization of C$6.63 billion, a P/E ratio of 21.48, a P/E/G ratio of 0.04 and a beta of 0.79.

Dundee Precious Metals Company Profile

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.