Dundee Precious Metals (TSE:DPM) Price Target Raised to C$44.00 at CIBC

Dundee Precious Metals (TSE:DPM) had its target price lifted by equities researchers at CIBC from C$40.00 to C$44.00 in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “neutral” rating on the mining company’s stock. CIBC’s target price points to a potential upside of 10.19% from the company’s previous close.

A number of other equities analysts have also commented on DPM. Stifel Canada upgraded shares of Dundee Precious Metals to a “strong-buy” rating in a report on Thursday, September 4th. Royal Bank Of Canada increased their price target on Dundee Precious Metals from C$24.00 to C$32.00 and gave the company a “moderate buy” rating in a report on Wednesday, September 10th. Scotiabank lifted their price objective on Dundee Precious Metals from C$26.50 to C$28.50 and gave the stock an “outperform” rating in a report on Thursday, September 4th. Canaccord Genuity Group increased their target price on Dundee Precious Metals from C$28.50 to C$38.00 in a research note on Thursday, October 2nd. Finally, Macquarie upgraded shares of Dundee Precious Metals to a “strong-buy” rating in a research note on Wednesday, September 17th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$37.86.

Dundee Precious Metals Price Performance

TSE DPM traded up C$0.64 on Friday, reaching C$39.93. The company had a trading volume of 547,950 shares, compared to its average volume of 778,983. Dundee Precious Metals has a 1 year low of C$12.76 and a 1 year high of C$40.83. The firm has a 50-day moving average of C$33.17 and a 200-day moving average of C$27.03. The firm has a market capitalization of C$8.86 billion, a PE ratio of 22.95, a P/E/G ratio of 0.04 and a beta of 1.21.

Dundee Precious Metals (TSE:DPM) last posted its earnings results on Thursday, November 13th. The mining company reported C$0.73 EPS for the quarter. The business had revenue of C$372.35 million for the quarter. Dundee Precious Metals had a net margin of 41.23% and a return on equity of 17.15%. As a group, sell-side analysts expect that Dundee Precious Metals will post 1.9039474 EPS 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.