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

Dundee Precious Metals (TSE:DPM) had its price objective lifted by equities researchers at National Bankshares from C$36.50 to C$43.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the mining company’s stock. National Bankshares’ price target indicates a potential upside of 7.69% from the company’s current price.

Other equities analysts also recently issued reports about the stock. BMO Capital Markets increased their price objective on shares of Dundee Precious Metals from C$38.00 to C$50.00 in a research note on Friday. Canaccord Genuity Group increased their target price on Dundee Precious Metals from C$28.50 to C$38.00 in a research report on Thursday, October 2nd. Scotiabank lifted 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. Royal Bank Of Canada boosted their price target 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. Finally, Jefferies Financial Group upped their price objective on Dundee Precious Metals from C$40.00 to C$42.00 in a research note on Friday, October 17th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$37.86.

Dundee Precious Metals Trading Up 1.6%

Shares of Dundee Precious Metals stock traded up C$0.64 during trading on Friday, hitting C$39.93. 547,950 shares of the stock traded hands, compared to its average volume of 778,983. The firm has a market cap of C$8.86 billion, a P/E ratio of 22.95, a price-to-earnings-growth ratio of 0.04 and a beta of 1.21. Dundee Precious Metals has a 52-week low of C$12.76 and a 52-week high of C$40.83. The stock’s fifty day simple moving average is C$33.17 and its 200 day simple moving average is C$27.03.

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. Dundee Precious Metals had a net margin of 41.23% and a return on equity of 17.15%. The company had revenue of C$372.35 million during the quarter. As a group, equities analysts expect that Dundee Precious Metals 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.