Stifel Nicolaus Boosts Dundee Precious Metals (TSE:DPM) Price Target to C$61.00

Dundee Precious Metals (TSE:DPM) had its price target boosted by stock analysts at Stifel Nicolaus from C$46.00 to C$61.00 in a report released on Tuesday,BayStreet.CA reports. Stifel Nicolaus’ target price would suggest a potential upside of 15.71% from the stock’s current price.

A number of other brokerages have also commented on DPM. TD Securities boosted their price objective on shares of Dundee Precious Metals from C$42.00 to C$57.00 in a research report on Thursday, January 22nd. National Bankshares increased their price objective on shares of Dundee Precious Metals from C$36.50 to C$43.00 and gave the stock an “outperform” rating in a research note on Friday, December 5th. Scotiabank increased their price target on Dundee Precious Metals from C$43.00 to C$55.00 in a research report on Monday, January 26th. Canadian Imperial Bank of Commerce raised their target price on shares of Dundee Precious Metals from C$44.00 to C$58.00 in a research note on Wednesday, February 4th. Finally, Jefferies Financial Group upped their price target on shares of Dundee Precious Metals from C$40.00 to C$42.00 in a research report on Friday, October 17th. Two investment 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 company’s stock. According to data from MarketBeat.com, Dundee Precious Metals currently has an average rating of “Buy” and an average price target of C$48.44.

Dundee Precious Metals Stock Performance

TSE:DPM traded up C$0.06 on Tuesday, hitting C$52.72. 320,109 shares of the stock were exchanged, compared to its average volume of 951,572. Dundee Precious Metals has a 52 week low of C$15.60 and a 52 week high of C$55.24. The stock has a market capitalization of C$11.70 billion, a price-to-earnings ratio of 30.30, a P/E/G ratio of 0.04 and a beta of 1.02. The company’s 50-day moving average price is C$45.13 and its 200 day moving average price is C$35.04.

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