Dundee Precious Metals (TSE:DPM) Price Target Raised to C$58.00

Dundee Precious Metals (TSE:DPM) had its price objective upped by Canadian Imperial Bank of Commerce from C$44.00 to C$58.00 in a research report sent to investors on Wednesday morning,BayStreet.CA reports.

A number of other analysts have also issued reports on the company. Scotiabank boosted their price target on Dundee Precious Metals from C$43.00 to C$55.00 in a report on Monday, January 26th. National Bankshares raised their price objective on Dundee Precious Metals from C$36.50 to C$43.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. Jefferies Financial Group upped their target price on Dundee Precious Metals from C$40.00 to C$42.00 in a report on Friday, October 17th. BMO Capital Markets raised their price target on Dundee Precious Metals from C$38.00 to C$50.00 in a research note on Friday, December 5th. Finally, TD Securities lifted their price objective on Dundee Precious Metals from C$42.00 to C$57.00 in a report on Thursday, January 22nd. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Dundee Precious Metals presently has an average rating of “Buy” and a consensus price target of C$44.31.

Dundee Precious Metals Trading Up 6.8%

Shares of DPM opened at C$50.96 on Wednesday. The firm has a fifty day moving average price of C$44.84 and a 200-day moving average price of C$34.68. The firm has a market capitalization of C$11.31 billion, a P/E ratio of 29.29, a P/E/G ratio of 0.04 and a beta of 1.02. Dundee Precious Metals has a 12-month low of C$15.39 and a 12-month high of C$55.24.

Dundee Precious Metals (TSE:DPM) last announced 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%. 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.