Macquarie Capit Downgrades Dundee Precious Metals (TSE:DPM) to Hold

Dundee Precious Metals (TSE:DPM) was downgraded by stock analysts at Macquarie Capit from a “strong-buy” rating to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

Several other analysts have also issued reports on DPM. TD Securities upped their price target on shares of Dundee Precious Metals from C$42.00 to C$57.00 in a research report on Thursday, January 22nd. Canadian Imperial Bank of Commerce boosted their price objective on shares of Dundee Precious Metals from C$44.00 to C$58.00 in a research note on Wednesday, February 4th. National Bank Financial raised their target price on shares of 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. Jefferies Financial Group lifted their price target on Dundee Precious Metals from C$40.00 to C$42.00 in a report on Friday, October 17th. Finally, Scotiabank boosted their price target on Dundee Precious Metals from C$43.00 to C$55.00 in a research report on Monday, January 26th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Dundee Precious Metals currently has a consensus rating of “Buy” and a consensus target price of C$48.44.

Dundee Precious Metals Stock Performance

Shares of TSE DPM opened at C$48.18 on Thursday. The stock has a 50 day moving average price of C$45.89 and a 200 day moving average price of C$35.47. The stock has a market capitalization of C$10.69 billion, a PE ratio of 24.21, a price-to-earnings-growth ratio of 0.04 and a beta of 1.02. Dundee Precious Metals has a 52 week low of C$15.60 and a 52 week high of C$55.24.

Dundee Precious Metals (TSE:DPM) last posted its quarterly earnings results on Tuesday, February 10th. The mining company reported C$1.06 earnings per share for the quarter. The firm had revenue of C$471.85 million for the quarter. Dundee Precious Metals had a return on equity of 17.15% and a net margin of 41.23%. As a group, research analysts forecast 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.