Dundee Precious Metals (TSE:DPM) Price Target Raised to C$61.00

Dundee Precious Metals (TSE:DPM) had its target price hoisted by Stifel Nicolaus from C$46.00 to C$61.00 in a report published on Tuesday morning,BayStreet.CA reports.

DPM has been the subject of a number of other research reports. National Bank Financial lifted their price objective on shares of Dundee Precious Metals from C$36.50 to C$43.00 and gave the company an “outperform” rating in a report on Friday, December 5th. Canadian Imperial Bank of Commerce raised their price target on shares of Dundee Precious Metals from C$44.00 to C$58.00 in a research report on Wednesday, February 4th. TD Securities raised their price objective on shares of Dundee Precious Metals from C$42.00 to C$57.00 in a report on Thursday, January 22nd. Jefferies Financial Group raised their price target on Dundee Precious Metals from C$40.00 to C$42.00 in a report on Friday, October 17th. Finally, BMO Capital Markets upped their price target on Dundee Precious Metals from C$38.00 to C$50.00 in a report on Friday, December 5th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Dundee Precious Metals presently has a consensus rating of “Buy” and a consensus price target of C$48.44.

Dundee Precious Metals Stock Performance

TSE DPM opened at C$48.18 on Tuesday. The firm’s 50 day moving average price is C$45.89 and its 200-day moving average price is C$35.47. The company has a market cap of C$10.69 billion, a PE ratio of 24.21, a P/E/G ratio of 0.04 and a beta of 1.02. Dundee Precious Metals has a 52-week low of C$15.60 and a 52-week high of C$55.24.

Dundee Precious Metals (TSE:DPM) last released its quarterly earnings results on Tuesday, February 10th. The mining company reported C$1.06 earnings per share for the quarter. The business had revenue of C$471.85 million for the quarter. Dundee Precious Metals had a net margin of 41.23% and a return on equity of 17.15%. On average, analysts forecast that Dundee Precious Metals will post 1.9039474 earnings per share for the current fiscal year.

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.