Dundee Precious Metals (TSE:DPM) Sets New 1-Year High – Should You Buy?

Dundee Precious Metals Inc. (TSE:DPM)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$43.07 and last traded at C$42.12, with a volume of 308278 shares. The stock had previously closed at C$40.98.

Analysts Set New Price Targets

Several research firms recently issued reports on DPM. BMO Capital Markets lifted their price target on shares of Dundee Precious Metals from C$38.00 to C$50.00 in a research note on Friday, December 5th. CIBC raised their target price on shares of Dundee Precious Metals from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Canaccord Genuity Group lifted their target price on Dundee Precious Metals from C$28.50 to C$38.00 in a research note on Thursday, October 2nd. Scotiabank increased their price target on Dundee Precious Metals from C$36.50 to C$43.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. Finally, National Bankshares boosted their price objective on Dundee Precious Metals from C$36.50 to C$43.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$37.86.

Dundee Precious Metals Trading Up 3.5%

The stock has a 50-day moving average of C$34.74 and a two-hundred day moving average of C$28.32. The firm has a market cap of C$9.41 billion, a price-to-earnings ratio of 24.38, a price-to-earnings-growth ratio of 0.04 and a beta of 1.21.

Dundee Precious Metals (TSE:DPM) last announced its quarterly earnings data on Thursday, November 13th. The mining company reported C$0.73 earnings per share (EPS) 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 during the quarter. Sell-side analysts expect that Dundee Precious Metals Inc. will post 1.9039474 EPS for the current fiscal 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.