Dundee Precious Metals (TSE:DPM) Hits New 52-Week High – Here’s What Happened

Shares of Dundee Precious Metals Inc. (TSE:DPM) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$39.72 and last traded at C$39.22, with a volume of 49472 shares trading hands. The stock had previously closed at C$39.00.

Wall Street Analyst Weigh In

Several brokerages have commented on DPM. Macquarie raised Dundee Precious Metals to a “strong-buy” rating in a report on Wednesday, September 17th. Scotiabank upped their price target on Dundee Precious Metals from C$26.50 to C$28.50 and gave the company an “outperform” rating in a report on Thursday, September 4th. Jefferies Financial Group increased their price objective on Dundee Precious Metals from C$40.00 to C$42.00 in a research report on Friday, October 17th. Stifel Canada upgraded Dundee Precious Metals to a “strong-buy” rating in a report on Thursday, September 4th. Finally, Royal Bank Of Canada boosted their target price on Dundee Precious Metals from C$24.00 to C$32.00 and gave the stock a “moderate buy” rating in a research report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Dundee Precious Metals has an average rating of “Buy” and a consensus target price of C$33.16.

Dundee Precious Metals Trading Down 0.1%

The business’s 50 day simple moving average is C$32.50 and its two-hundred day simple moving average is C$26.58. The firm has a market capitalization of C$8.64 billion, a PE ratio of 22.39, a price-to-earnings-growth ratio of 0.04 and a beta of 1.05.

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