Dundee Precious Metals (TSE:DPM) Price Target Raised to C$63.00

Dundee Precious Metals (TSE:DPM) had its target price upped by Royal Bank Of Canada from C$46.00 to C$63.00 in a research report sent to investors on Thursday,BayStreet.CA reports.

A number of other equities analysts have also recently issued reports on the stock. Canadian Imperial Bank of Commerce raised their target price on shares of Dundee Precious Metals from C$58.00 to C$64.00 in a report on Thursday, February 26th. TD Securities increased their price target on Dundee Precious Metals from C$42.00 to C$57.00 in a research report on Thursday, January 22nd. Scotiabank raised their price target on Dundee Precious Metals from C$43.00 to C$55.00 in a report on Monday, January 26th. Stifel Nicolaus boosted their price objective on Dundee Precious Metals from C$46.00 to C$61.00 in a research report on Tuesday, February 10th. Finally, Canaccord Genuity Group upped their price objective on 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 given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$56.11.

Dundee Precious Metals Stock Down 4.9%

Shares of TSE:DPM opened at C$49.41 on Thursday. The company’s fifty day moving average is C$51.16 and its two-hundred day moving average is C$40.00. The company has a debt-to-equity ratio of 0.48, a quick ratio of 6.61 and a current ratio of 3.58. Dundee Precious Metals has a 1-year low of C$17.29 and a 1-year high of C$60.13. The stock has a market capitalization of C$10.97 billion, a price-to-earnings ratio of 24.83, a price-to-earnings-growth ratio of 0.04 and a beta of 1.19.

Dundee Precious Metals (TSE:DPM) last posted 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 42.07% and a return on equity of 19.82%. The business had revenue of C$471.85 million during the quarter. Equities analysts anticipate that Dundee Precious Metals will post 1.9039474 EPS for the current year.

Insider Activity at Dundee Precious Metals

In other Dundee Precious Metals news, insider William John Jr. Decooman sold 7,671 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of C$50.20, for a total value of C$385,084.20. Insiders own 0.16% of the company’s stock.

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.