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

Dundee Precious Metals (TSE:DPM) had its price objective boosted by TD Securities from C$42.00 to C$57.00 in a note issued to investors on Thursday,BayStreet.CA reports. TD Securities’ target price would indicate a potential upside of 13.73% from the stock’s previous close.

Several other research firms also recently issued reports on DPM. CIBC lifted their price objective on Dundee Precious Metals from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. BMO Capital Markets lifted their price target on shares of Dundee Precious Metals from C$38.00 to C$50.00 in a research note on Friday, December 5th. Jefferies Financial Group upped their price target on shares of Dundee Precious Metals from C$40.00 to C$42.00 in a report on Friday, October 17th. Scotiabank boosted their target price on shares of Dundee Precious Metals from C$36.50 to C$43.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. Finally, Canaccord Genuity Group upped their target price on shares of Dundee Precious Metals from C$28.50 to C$38.00 in a research note on Thursday, October 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$41.42.

Dundee Precious Metals Price Performance

DPM traded up C$1.32 during trading hours on Thursday, reaching C$50.12. 536,335 shares of the stock traded hands, compared to its average volume of 807,878. Dundee Precious Metals has a fifty-two week low of C$13.95 and a fifty-two week high of C$50.24. The company has a market cap of C$11.12 billion, a price-to-earnings ratio of 28.80, a PEG ratio of 0.04 and a beta of 1.34. The firm’s fifty day simple moving average is C$41.23 and its two-hundred day simple moving average is C$32.41.

Dundee Precious Metals (TSE:DPM) last posted its quarterly earnings data on Thursday, November 13th. The mining company reported C$0.73 earnings per share for the quarter. The company had revenue of C$372.35 million during the quarter. Dundee Precious Metals had a net margin of 41.23% and a return on equity of 17.15%. On average, research analysts predict that Dundee Precious Metals will post 1.9039474 earnings per share 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.