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

Dundee Precious Metals (TSE:DPM) had its price target raised by CIBC from C$44.00 to C$58.00 in a research note published on Wednesday morning,BayStreet.CA reports.

Other analysts also recently issued research reports about the stock. BMO Capital Markets upped their price target on shares of Dundee Precious Metals from C$38.00 to C$50.00 in a research report on Friday, December 5th. Jefferies Financial Group upped their target price on shares of Dundee Precious Metals from C$40.00 to C$42.00 in a report on Friday, October 17th. National Bankshares raised their price target on Dundee Precious Metals from C$36.50 to C$43.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. TD Securities upped their price objective on Dundee Precious Metals from C$42.00 to C$57.00 in a research note on Thursday, January 22nd. Finally, Scotiabank lifted their target price on Dundee Precious Metals from C$43.00 to C$55.00 in a research note on Monday, January 26th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$44.31.

Dundee Precious Metals Stock Performance

Dundee Precious Metals stock opened at C$49.04 on Wednesday. The company has a market capitalization of C$10.88 billion, a P/E ratio of 28.18, a PEG ratio of 0.04 and a beta of 1.02. Dundee Precious Metals has a fifty-two week low of C$15.00 and a fifty-two week high of C$55.24. The stock has a 50-day simple moving average of C$44.41 and a 200-day simple moving average of C$34.39.

Dundee Precious Metals (TSE:DPM) last released 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 for the quarter. Dundee Precious Metals had a return on equity of 17.15% and a net margin of 41.23%. As a group, analysts forecast 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.