Dundee Precious Metals Inc. (TSE:DPM – Get Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$46.27 and traded as high as C$51.24. Dundee Precious Metals shares last traded at C$48.93, with a volume of 868,922 shares changing hands.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada lifted their price target on shares of Dundee Precious Metals from C$46.00 to C$63.00 in a research report on Thursday, March 12th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Dundee Precious Metals presently has an average rating of “Buy” and an average target price of C$56.11.
Read Our Latest Stock Analysis on DPM
Dundee Precious Metals Stock Up 8.5%
Dundee Precious Metals (TSE:DPM – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The mining company reported C$1.06 earnings per share for the quarter. Dundee Precious Metals had a net margin of 47.14% and a return on equity of 22.46%. The firm had revenue of C$431.50 million during the quarter. On average, sell-side analysts predict that Dundee Precious Metals Inc. will post 1.9039474 earnings per share for the current fiscal year.
Insider Activity at Dundee Precious Metals
In other Dundee Precious Metals news, insider Alexandria Louise Wilson sold 4,466 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of C$48.69, for a total value of C$217,449.54. 0.16% of the stock is currently owned by company insiders.
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.
Read More
- Five stocks we like better than Dundee Precious Metals
- PriceSmart Stock Eyes $220 as Chile Expansion Fuels Growth
- Dollar Tree’s Turnaround Is Starting to Take Root
- Why Levi’s Digital Strategy Is Paying Off in a Big Way
- Constellation Brands: Beer Growth and Buybacks Mask Stock’s Slump
Receive News & Ratings for Dundee Precious Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dundee Precious Metals and related companies with MarketBeat.com's FREE daily email newsletter.
