Dundee Precious Metals (TSE:DPM) Announces Earnings Results

Dundee Precious Metals (TSE:DPM) released its quarterly earnings results on Tuesday. The mining company reported C$1.06 earnings per share (EPS) for the quarter, FiscalAI reports. Dundee Precious Metals had a net margin of 42.07% and a return on equity of 19.82%. The company had revenue of C$431.50 million during the quarter.

Dundee Precious Metals Trading Down 0.9%

Shares of TSE:DPM traded down C$0.38 during midday trading on Tuesday, hitting C$43.86. The company had a trading volume of 493,452 shares, compared to its average volume of 976,041. Dundee Precious Metals has a 12 month low of C$18.19 and a 12 month high of C$60.13. The company has a current ratio of 3.58, a quick ratio of 6.61 and a debt-to-equity ratio of 0.48. The stock has a market cap of C$9.72 billion, a price-to-earnings ratio of 22.04, a PEG ratio of 0.04 and a beta of 1.48. The firm has a fifty day simple moving average of C$51.09 and a 200 day simple moving average of C$44.70.

Analysts Set New Price Targets

A number of brokerages have commented on DPM. Scotiabank raised their price target on shares of Dundee Precious Metals from C$43.00 to C$55.00 in a research note on Monday, January 26th. Canadian Imperial Bank of Commerce lifted their price objective on Dundee Precious Metals from C$58.00 to C$64.00 in a report on Thursday, February 26th. Stifel Nicolaus lifted their target price on shares of Dundee Precious Metals from C$46.00 to C$61.00 in a research note on Tuesday, February 10th. TD Securities lifted 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. Finally, Canaccord Genuity Group lifted their target price on shares of Dundee Precious Metals from C$62.00 to C$70.00 in a research note on Friday, March 6th. Two 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. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$56.11.

Insider Activity

In other news, insider William John Jr. Decooman sold 7,671 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of C$50.20, for a total value of C$385,084.20. 0.16% of the stock is owned by corporate insiders.

About Dundee Precious Metals

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.