Dundee Precious Metals (TSE:DPM) Price Target Raised to C$63.00 at Royal Bank Of Canada

Dundee Precious Metals (TSE:DPM) had its price target boosted by stock analysts at Royal Bank Of Canada from C$46.00 to C$63.00 in a research note issued on Thursday,BayStreet.CA reports. Royal Bank Of Canada’s price target suggests a potential upside of 19.50% from the company’s current price.

Several other research firms have also recently weighed in on DPM. National Bank Financial increased their price objective on Dundee Precious Metals from C$36.50 to C$43.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. BMO Capital Markets raised their price objective on Dundee Precious Metals from C$38.00 to C$50.00 in a research report on Friday, December 5th. Stifel Nicolaus upped their price objective on shares of Dundee Precious Metals from C$46.00 to C$61.00 in a report on Tuesday, February 10th. Scotiabank upped their price target 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 boosted their price target on Dundee Precious Metals from C$58.00 to C$64.00 in a research note on Thursday, February 26th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$56.11.

Dundee Precious Metals Price Performance

Dundee Precious Metals stock traded down C$0.60 during midday trading on Thursday, reaching C$52.72. 221,820 shares of the stock were exchanged, compared to its average volume of 958,808. The company’s fifty day moving average is C$50.83 and its 200-day moving average is C$39.65. The company has a debt-to-equity ratio of 0.48, a quick ratio of 6.61 and a current ratio of 3.58. Dundee Precious Metals has a 52 week low of C$17.29 and a 52 week high of C$60.13. The firm has a market cap of C$11.70 billion, a PE ratio of 26.49, a PEG ratio of 0.04 and a beta of 1.19.

Dundee Precious Metals (TSE:DPM) last announced its earnings results on Tuesday, February 10th. The mining company reported C$1.06 earnings per share for the quarter. The business had revenue of C$471.85 million for the quarter. Dundee Precious Metals had a net margin of 42.07% and a return on equity of 19.82%. On average, sell-side analysts forecast that Dundee Precious Metals will post 1.9039474 EPS for the current year.

Insider Transactions at Dundee Precious Metals

In other Dundee Precious Metals news, insider William John Jr. Decooman sold 7,671 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of C$50.20, for a total transaction of C$385,084.20. Corporate insiders own 0.16% of the company’s stock.

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.