Scotiabank Issues Positive Forecast for Dundee Precious Metals (TSE:DPM) Stock Price

Dundee Precious Metals (TSE:DPM) had its price objective boosted by Scotiabank from C$43.00 to C$55.00 in a research note published on Monday,BayStreet.CA reports.

DPM has been the topic of a number of other reports. CIBC lifted their price target on Dundee Precious Metals from C$40.00 to C$44.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. TD Securities lifted their target price on shares of Dundee Precious Metals from C$42.00 to C$57.00 in a research report on Thursday, January 22nd. Canaccord Genuity Group upped their price target on shares of Dundee Precious Metals from C$28.50 to C$38.00 in a research report on Thursday, October 2nd. National Bankshares raised their price target 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. Finally, Jefferies Financial Group boosted 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. Two equities research 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 company. Based on data from MarketBeat, Dundee Precious Metals has a consensus rating of “Buy” and a consensus target price of C$42.75.

Dundee Precious Metals Price Performance

Shares of Dundee Precious Metals stock opened at C$51.63 on Monday. The company’s 50 day moving average price is C$42.26 and its two-hundred day moving average price is C$33.09. The firm has a market capitalization of C$11.46 billion, a P/E ratio of 29.67, a P/E/G ratio of 0.04 and a beta of 1.34. Dundee Precious Metals has a fifty-two week low of C$14.09 and a fifty-two week high of C$53.56.

Dundee Precious Metals (TSE:DPM) last announced its quarterly earnings results on Thursday, November 13th. The mining company reported C$0.73 EPS for the quarter. The company had revenue of C$372.35 million during the quarter. Dundee Precious Metals had a return on equity of 17.15% and a net margin of 41.23%. On average, analysts expect that Dundee Precious Metals will post 1.9039474 earnings per share for the current 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.