Dundee Precious Metals (TSE:DPM) Hits New 1-Year High – What’s Next?

by · The Markets Daily

Dundee Precious Metals Inc. (TSE:DPM – Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$44.95 and last traded at C$44.73, with a volume of 97774 shares changing hands. The stock had previously closed at C$43.91.

Analysts Set New Price Targets

Several analysts have recently weighed in on DPM shares. CIBC lifted their target price on shares of Dundee Precious Metals from C$40.00 to C$44.00 and gave the company a “neutral” rating in a report on Friday, December 5th. Royal Bank Of Canada raised their price objective on shares of Dundee Precious Metals from C$24.00 to C$32.00 and gave the company a “moderate buy” rating in a research report on Wednesday, September 10th. Canaccord Genuity Group boosted their target price on Dundee Precious Metals from C$28.50 to C$38.00 in a research report on Thursday, October 2nd. BMO Capital Markets increased their target price on Dundee Precious Metals from C$38.00 to C$50.00 in a research note on Friday, December 5th. Finally, National Bankshares lifted their price target on 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. 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$37.86.

Get Our Latest Report on Dundee Precious Metals

Dundee Precious Metals Price Performance

The firm’s 50-day simple moving average is C$37.34 and its two-hundred day simple moving average is C$30.36. The company has a market capitalization of C$9.91 billion, a price-to-earnings ratio of 25.67, a price-to-earnings-growth ratio of 0.04 and a beta of 1.34.

Dundee Precious Metals (TSE:DPM – Get Free Report) last posted its quarterly earnings results on Thursday, November 13th. The mining company reported C$0.73 earnings per share (EPS) 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, analysts expect that Dundee Precious Metals Inc. will post 1.9039474 EPS for the current fiscal year.

Dundee Precious Metals Company Profile

(Get Free Report)

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.

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