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

Dundee Precious Metals (TSE:DPM) had its price target raised by TD Securities from C$42.00 to C$57.00 in a research note released on Thursday,BayStreet.CA reports.

Several other equities research analysts have also recently commented on DPM. CIBC raised their target price on shares of Dundee Precious Metals from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a research report on Friday, December 5th. National Bankshares increased their price target on shares of Dundee Precious Metals from C$36.50 to C$43.00 and gave the stock an “outperform” rating in a research note on Friday, December 5th. Jefferies Financial Group raised their price objective on shares of Dundee Precious Metals from C$40.00 to C$42.00 in a report on Friday, October 17th. BMO Capital Markets lifted their price objective on Dundee Precious Metals from C$38.00 to C$50.00 in a research report on Friday, December 5th. Finally, Canaccord Genuity Group upped their target price on Dundee Precious Metals from C$28.50 to C$38.00 in a report on Thursday, October 2nd. Two investment 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’s stock. Based on data from MarketBeat, Dundee Precious Metals has a consensus rating of “Buy” and an average price target of C$41.42.

Dundee Precious Metals Stock Performance

TSE DPM opened at C$49.88 on Thursday. The stock has a market cap of C$11.07 billion, a P/E ratio of 28.67, a price-to-earnings-growth ratio of 0.04 and a beta of 1.34. Dundee Precious Metals has a fifty-two week low of C$13.95 and a fifty-two week high of C$50.24. The stock has a 50 day simple moving average of C$41.58 and a two-hundred day simple moving average of C$32.53.

Dundee Precious Metals (TSE:DPM) last announced its earnings results on Thursday, November 13th. The mining company reported C$0.73 EPS for the quarter. Dundee Precious Metals had a return on equity of 17.15% and a net margin of 41.23%.The company had revenue of C$372.35 million during the quarter. Sell-side analysts predict 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.