Dundee Precious Metals (TSE:DPM) Reaches New 12-Month High – Should You Buy?

Dundee Precious Metals Inc. (TSE:DPM)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as C$55.24 and last traded at C$52.37, with a volume of 89334 shares traded. The stock had previously closed at C$52.66.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. National Bankshares increased their price objective on shares of Dundee Precious Metals from C$36.50 to C$43.00 and gave the stock an “outperform” rating in a research note on Friday, December 5th. BMO Capital Markets lifted their price objective on shares of Dundee Precious Metals from C$38.00 to C$50.00 in a research report on Friday, December 5th. TD Securities increased their target price on Dundee Precious Metals from C$42.00 to C$57.00 in a research note on Thursday, January 22nd. Scotiabank lifted their price objective on shares of Dundee Precious Metals from C$43.00 to C$55.00 in a research note on Monday, January 26th. Finally, Canadian Imperial Bank of Commerce increased their target price on Dundee Precious Metals from C$44.00 to C$58.00 in a report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of C$44.31.

Dundee Precious Metals Trading Down 0.5%

The stock’s 50-day moving average is C$45.13 and its 200-day moving average is C$35.04. The company has a market cap of C$11.63 billion, a price-to-earnings ratio of 30.12, a P/E/G ratio of 0.04 and a beta of 1.02.

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