Dundee Precious Metals (TSE:DPM) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Dundee Precious Metals Inc. (TSE:DPMGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$40.48 and traded as high as C$43.56. Dundee Precious Metals shares last traded at C$43.24, with a volume of 1,492,098 shares changing hands.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Stifel Nicolaus upped 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 boosted their price target on Dundee Precious Metals from C$42.00 to C$57.00 in a research note on Thursday, January 22nd. Royal Bank Of Canada upped their price target on Dundee Precious Metals from C$46.00 to C$63.00 in a research report on Thursday, March 12th. Canadian Imperial Bank of Commerce increased their price objective on Dundee Precious Metals from C$58.00 to C$64.00 in a research note on Thursday, February 26th. Finally, Scotiabank lifted their price objective on Dundee Precious Metals from C$43.00 to C$55.00 in a report on Monday, January 26th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Dundee Precious Metals presently has an average rating of “Buy” and an average price target of C$56.11.

Read Our Latest Stock Analysis on DPM

Dundee Precious Metals Trading Down 3.4%

The company’s fifty day moving average price is C$51.30 and its two-hundred day moving average price is C$40.48. The company has a quick ratio of 6.61, a current ratio of 3.58 and a debt-to-equity ratio of 0.48. The company has a market cap of C$9.60 billion, a price-to-earnings ratio of 21.73, a price-to-earnings-growth ratio of 0.04 and a beta of 1.19.

Dundee Precious Metals (TSE:DPMGet Free Report) last issued its quarterly 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 for the quarter. Dundee Precious Metals had a net margin of 42.07% and a return on equity of 19.82%. Research analysts expect that Dundee Precious Metals Inc. will post 1.9039474 earnings per share for the current year.

Insiders Place Their Bets

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

Dundee Precious Metals Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Dundee Precious Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dundee Precious Metals and related companies with MarketBeat.com's FREE daily email newsletter.