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

Dundee Precious Metals (TSE:DPM) had its price target lifted by equities researchers at CIBC from C$44.00 to C$58.00 in a note issued to investors on Wednesday,BayStreet.CA reports. CIBC’s price objective points to a potential upside of 19.86% from the stock’s current price.

A number of other analysts have also issued reports on the stock. National Bankshares lifted their price objective on shares of Dundee Precious Metals from C$36.50 to C$43.00 and gave the company an “outperform” rating in a research note on Friday, December 5th. TD Securities increased their target price on shares of Dundee Precious Metals from C$42.00 to C$57.00 in a research note on Thursday, January 22nd. Jefferies Financial Group lifted their price target on shares of Dundee Precious Metals from C$40.00 to C$42.00 in a research report on Friday, October 17th. BMO Capital Markets raised their price objective on Dundee Precious Metals from C$38.00 to C$50.00 in a research note on Friday, December 5th. Finally, Scotiabank upped their target price on Dundee Precious Metals from C$43.00 to C$55.00 in a report on Monday, January 26th. Two research 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$44.31.

Dundee Precious Metals Stock Down 1.0%

DPM stock traded down C$0.48 during midday trading on Wednesday, hitting C$48.39. The company’s stock had a trading volume of 423,117 shares, compared to its average volume of 979,438. Dundee Precious Metals has a 52-week low of C$15.00 and a 52-week high of C$55.24. The firm has a 50-day simple moving average of C$44.19 and a 200-day simple moving average of C$34.29. The firm has a market capitalization of C$10.74 billion, a P/E ratio of 27.81, a PEG ratio of 0.04 and a beta of 1.02.

Dundee Precious Metals (TSE:DPM) last issued its quarterly earnings data on Thursday, November 13th. The mining company reported C$0.73 earnings per share for the quarter. Dundee Precious Metals had a net margin of 41.23% and a return on equity of 17.15%. The business had revenue of C$372.35 million during the quarter. On average, sell-side analysts expect 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.