BMO Capital Markets Raises Dundee Precious Metals (TSE:DPM) Price Target to C$50.00

Dundee Precious Metals (TSE:DPM) had its price target boosted by equities research analysts at BMO Capital Markets from C$38.00 to C$50.00 in a research note issued on Friday,BayStreet.CA reports. BMO Capital Markets’ price target would suggest a potential upside of 25.22% from the company’s previous close.

DPM has been the topic of several other research reports. Royal Bank Of Canada increased 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. CIBC increased their price objective on Dundee Precious Metals from C$33.00 to C$40.00 in a report on Friday, October 10th. Macquarie raised Dundee Precious Metals to a “strong-buy” rating in a report on Wednesday, September 17th. Canaccord Genuity Group increased their price target on shares of Dundee Precious Metals from C$28.50 to C$38.00 in a report on Thursday, October 2nd. Finally, Jefferies Financial Group raised their price objective on shares of Dundee Precious Metals from C$40.00 to C$42.00 in a research report on Friday, October 17th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$37.86.

Dundee Precious Metals Price Performance

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

Dundee Precious Metals (TSE:DPM) last announced its quarterly earnings results on Thursday, November 13th. The mining company reported C$0.73 EPS for the quarter. The company had revenue of C$372.35 million for the quarter. Dundee Precious Metals had a net margin of 41.23% and a return on equity of 17.15%. As a group, sell-side analysts predict 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.