Dundee Precious Metals (TSE:DPM) Hits New 52-Week High – Should You Buy?

Dundee Precious Metals Inc. (TSE:DPM) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$49.50 and last traded at C$48.92, with a volume of 128616 shares traded. The stock had previously closed at C$48.25.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DPM. BMO Capital Markets upped their target price on shares of Dundee Precious Metals from C$38.00 to C$50.00 in a research note on Friday, December 5th. National Bankshares upped their price objective on Dundee Precious Metals from C$36.50 to C$43.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. CIBC lifted their target price on Dundee Precious Metals from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Canaccord Genuity Group boosted their price target on Dundee Precious Metals from C$28.50 to C$38.00 in a research note on Thursday, October 2nd. Finally, Scotiabank increased their price objective on Dundee Precious Metals from C$36.50 to C$43.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Dundee Precious Metals presently has a consensus rating of “Buy” and a consensus price target of C$37.86.

Dundee Precious Metals Stock Up 0.5%

The company has a market cap of C$10.76 billion, a P/E ratio of 27.88, a P/E/G ratio of 0.04 and a beta of 1.34. The business has a fifty day simple moving average of C$40.55 and a two-hundred day simple moving average of C$32.10.

Dundee Precious Metals (TSE:DPM) last released its quarterly earnings results on Thursday, November 13th. The mining company reported C$0.73 EPS for the quarter. The firm had revenue of C$372.35 million during the quarter. Dundee Precious Metals had a net margin of 41.23% and a return on equity of 17.15%. On average, equities analysts predict that Dundee Precious Metals Inc. 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.