Dundee Precious Metals (TSE:DPM) Given New C$61.00 Price Target at Stifel Nicolaus

Dundee Precious Metals (TSE:DPM) had its target price raised by Stifel Nicolaus from C$46.00 to C$61.00 in a research note published on Tuesday,BayStreet.CA reports.

Other equities research analysts also recently issued research reports about the company. Scotiabank lifted their target price on Dundee Precious Metals from C$43.00 to C$55.00 in a research report on Monday, January 26th. BMO Capital Markets boosted their price objective on shares of Dundee Precious Metals from C$38.00 to C$50.00 in a report on Friday, December 5th. Jefferies Financial Group increased their target price on shares of Dundee Precious Metals from C$40.00 to C$42.00 in a research note on Friday, October 17th. TD Securities boosted their price target on shares of Dundee Precious Metals from C$42.00 to C$57.00 in a research note on Thursday, January 22nd. Finally, Canadian Imperial Bank of Commerce upped their price objective on shares of Dundee Precious Metals from C$44.00 to C$58.00 in a report on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Dundee Precious Metals currently has an average rating of “Buy” and an average price target of C$48.44.

Dundee Precious Metals Price Performance

TSE:DPM opened at C$52.14 on Tuesday. The company’s 50-day moving average is C$45.39 and its two-hundred day moving average is C$35.25. Dundee Precious Metals has a 1-year low of C$15.60 and a 1-year high of C$55.24. The firm has a market capitalization of C$11.57 billion, a price-to-earnings ratio of 29.97, a PEG ratio of 0.04 and a beta of 1.02.

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

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.