Canaccord Genuity Group Increases Dundee Precious Metals (TSE:DPM) Price Target to C$70.00

Dundee Precious Metals (TSE:DPM) had its price target boosted by stock analysts at Canaccord Genuity Group from C$62.00 to C$70.00 in a note issued to investors on Friday,BayStreet.CA reports. Canaccord Genuity Group’s price target would indicate a potential upside of 27.67% from the stock’s previous close.

DPM has been the subject of several other research reports. BMO Capital Markets increased their price target on Dundee Precious Metals from C$38.00 to C$50.00 in a research note on Friday, December 5th. Scotiabank boosted their price objective on Dundee Precious Metals from C$43.00 to C$55.00 in a research note on Monday, January 26th. National Bank Financial upped their price objective on shares of Dundee Precious Metals from C$36.50 to C$43.00 and gave the company an “outperform” rating in a report on Friday, December 5th. TD Securities increased 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. Finally, Stifel Nicolaus lifted their target price on shares of Dundee Precious Metals from C$46.00 to C$61.00 in a research note on Tuesday, February 10th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Dundee Precious Metals presently has an average rating of “Buy” and a consensus price target of C$52.67.

Dundee Precious Metals Price Performance

Dundee Precious Metals stock opened at C$54.83 on Friday. The business’s 50 day simple moving average is C$50.16 and its 200 day simple moving average is C$39.05. Dundee Precious Metals has a 12 month low of C$17.04 and a 12 month high of C$60.13. The company has a market cap of C$12.17 billion, a price-to-earnings ratio of 27.55, a PEG ratio of 0.04 and a beta of 1.19. The company has a current ratio of 3.58, a quick ratio of 6.61 and a debt-to-equity ratio of 0.48.

Dundee Precious Metals (TSE:DPM) last released its earnings results on Tuesday, February 10th. The mining company reported C$1.06 earnings per share (EPS) for the quarter. The business had revenue of C$471.85 million during the quarter. Dundee Precious Metals had a return on equity of 19.82% and a net margin of 42.07%. Sell-side analysts forecast that Dundee Precious Metals will post 1.9039474 EPS for the current year.

Insider Transactions at Dundee Precious Metals

In other Dundee Precious Metals 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 value of C$385,084.20. Company insiders own 0.16% of the company’s stock.

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.