Dundee Precious Metals (TSE:DPM) Price Target Raised to C$63.00 at Royal Bank Of Canada

Dundee Precious Metals (TSE:DPM) had its target price raised by Royal Bank Of Canada from C$46.00 to C$63.00 in a report released on Thursday morning,BayStreet.CA reports.

Other research analysts have also recently issued reports about the company. Canaccord Genuity Group boosted their target price on Dundee Precious Metals from C$62.00 to C$70.00 in a research note on Friday, March 6th. TD Securities lifted their price objective on Dundee Precious Metals from C$42.00 to C$57.00 in a research note on Thursday, January 22nd. Canadian Imperial Bank of Commerce boosted their price objective on Dundee Precious Metals from C$58.00 to C$64.00 in a research report on Thursday, February 26th. Stifel Nicolaus upped 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. Finally, Scotiabank raised their target price on shares of Dundee Precious Metals from C$43.00 to C$55.00 in a report on Monday, January 26th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$56.11.

Dundee Precious Metals Price Performance

Dundee Precious Metals stock opened at C$51.93 on Thursday. The company has a quick ratio of 6.61, a current ratio of 3.58 and a debt-to-equity ratio of 0.48. Dundee Precious Metals has a 52-week low of C$17.29 and a 52-week high of C$60.13. The firm has a market cap of C$11.53 billion, a PE ratio of 26.10, a price-to-earnings-growth ratio of 0.04 and a beta of 1.19. The company’s 50 day moving average is C$51.02 and its two-hundred day moving average is C$39.73.

Dundee Precious Metals (TSE:DPM) last posted its quarterly earnings data on Tuesday, February 10th. The mining company reported C$1.06 earnings per share for the quarter. The business had revenue of C$471.85 million for the quarter. Dundee Precious Metals had a return on equity of 19.82% and a net margin of 42.07%. On average, research analysts expect that Dundee Precious Metals will post 1.9039474 EPS for the current fiscal year.

Insider Transactions at Dundee Precious Metals

In other Dundee Precious Metals news, insider William John Jr. Decooman sold 7,671 shares of Dundee Precious Metals 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.

Dundee Precious Metals Company Profile

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.