Dundee Precious Metals (TSE:DPM) Downgraded to Hold Rating by Macquarie Capit

Dundee Precious Metals (TSE:DPM) was downgraded by equities research analysts at Macquarie Capit from a “strong-buy” rating to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

A number of other brokerages have also issued reports on DPM. Jefferies Financial Group increased their target price on shares of Dundee Precious Metals from C$40.00 to C$42.00 in a research report on Friday, October 17th. Canadian Imperial Bank of Commerce boosted their price target on Dundee Precious Metals from C$44.00 to C$58.00 in a research note on Wednesday, February 4th. National Bank Financial raised their price objective on 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. TD Securities upped their target price on Dundee Precious Metals from C$42.00 to C$57.00 in a research report on Thursday, January 22nd. Finally, Stifel Nicolaus increased their price objective on shares of Dundee Precious Metals from C$46.00 to C$61.00 in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$48.44.

Dundee Precious Metals Price Performance

DPM stock opened at C$48.18 on Thursday. Dundee Precious Metals has a fifty-two week low of C$15.60 and a fifty-two week high of C$55.24. The stock has a market capitalization of C$10.69 billion, a price-to-earnings ratio of 24.21, a PEG ratio of 0.04 and a beta of 1.02. The business’s fifty day moving average price is C$45.89 and its two-hundred day moving average price is C$35.47.

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 business had revenue of C$471.85 million for the quarter. Research analysts expect that Dundee Precious Metals will post 1.9039474 EPS for the current 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.