Dundee Precious Metals (TSE:DPM) Price Target Raised to C$64.00

Dundee Precious Metals (TSE:DPM) had its target price lifted by Canadian Imperial Bank of Commerce from C$58.00 to C$64.00 in a research note published on Thursday morning,BayStreet.CA reports.

Several other analysts have also recently commented on the stock. Scotiabank upped their target price on shares of Dundee Precious Metals from C$43.00 to C$55.00 in a research report on Monday, January 26th. Stifel Nicolaus lifted their price objective on Dundee Precious Metals from C$46.00 to C$61.00 in a research note on Tuesday, February 10th. TD Securities increased their target price on Dundee Precious Metals from C$42.00 to C$57.00 in a research note on Thursday, January 22nd. BMO Capital Markets raised their target price on Dundee Precious Metals from C$38.00 to C$50.00 in a report on Friday, December 5th. Finally, National Bank Financial upped their price target on 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. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Dundee Precious Metals presently has an average rating of “Buy” and a consensus target price of C$49.11.

Dundee Precious Metals Trading Up 0.3%

Dundee Precious Metals stock opened at C$59.06 on Thursday. The company has a market cap of C$13.11 billion, a PE ratio of 29.68, a PEG ratio of 0.04 and a beta of 1.02. Dundee Precious Metals has a 1 year low of C$16.36 and a 1 year high of C$60.13. The company’s 50-day moving average is C$48.91 and its two-hundred day moving average is C$37.95.

Dundee Precious Metals (TSE:DPM) last posted its quarterly earnings results on Tuesday, February 10th. The mining company reported C$1.06 earnings per share for the quarter. Dundee Precious Metals had a net margin of 41.23% and a return on equity of 17.15%. The business had revenue of C$471.85 million during the quarter. Research analysts forecast that Dundee Precious Metals will post 1.9039474 EPS for the current year.

Insider Activity

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

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.