Dundee Precious Metals (TSE:DPM) Stock Price Expected to Rise, Scotiabank Analyst Says

Dundee Precious Metals (TSE:DPM) had its target price lifted by Scotiabank from C$43.00 to C$55.00 in a research note issued to investors on Monday,BayStreet.CA reports. Scotiabank’s target price suggests a potential upside of 6.05% from the stock’s previous close.

Other equities analysts also recently issued reports about the company. National Bankshares 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 research note on Friday, December 5th. TD Securities increased their price objective on shares of Dundee Precious Metals from C$42.00 to C$57.00 in a report on Thursday. BMO Capital Markets boosted their target price on Dundee Precious Metals from C$38.00 to C$50.00 in a report on Friday, December 5th. Canaccord Genuity Group increased their price target on Dundee Precious Metals from C$28.50 to C$38.00 in a research note on Thursday, October 2nd. Finally, CIBC raised their target price on Dundee Precious Metals from C$40.00 to C$44.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. Two research 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 stock currently has a consensus rating of “Buy” and a consensus target price of C$42.75.

Dundee Precious Metals Price Performance

TSE:DPM traded up C$1.57 during trading hours on Monday, reaching C$51.86. 618,229 shares of the company were exchanged, compared to its average volume of 838,484. The firm has a market cap of C$11.51 billion, a price-to-earnings ratio of 29.80, a PEG ratio of 0.04 and a beta of 1.34. The stock has a 50 day simple moving average of C$41.92 and a 200 day simple moving average of C$32.88. Dundee Precious Metals has a 52-week low of C$14.09 and a 52-week high of C$53.56.

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