Dundee Precious Metals Inc. (TSE:DPM) Receives Average Recommendation of “Buy” from Brokerages

Shares of Dundee Precious Metals Inc. (TSE:DPM) have received an average recommendation of “Buy” from the seven research firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is C$56.11.

DPM has been the subject of several recent analyst reports. Royal Bank Of Canada raised their price objective on shares of Dundee Precious Metals from C$46.00 to C$63.00 in a research report on Thursday, March 12th. Canadian Imperial Bank of Commerce increased their price target on Dundee Precious Metals from C$58.00 to C$64.00 in a report on Thursday, February 26th. Finally, Canaccord Genuity Group increased their price target on Dundee Precious Metals from C$62.00 to C$70.00 in a report on Friday, March 6th.

Insider Buying and Selling at Dundee Precious Metals

In related news, insider Alexandria Louise Wilson sold 4,466 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of C$48.69, for a total value of C$217,449.54. 0.16% of the stock is owned by corporate insiders.

Dundee Precious Metals Price Performance

TSE DPM traded up C$0.03 during mid-day trading on Friday, reaching C$45.17. 206,563 shares of the stock were exchanged, compared to its average volume of 918,793. Dundee Precious Metals has a one year low of C$20.26 and a one year high of C$60.13. The stock has a 50 day simple moving average of C$47.63 and a 200-day simple moving average of C$47.72. The stock has a market cap of C$9.98 billion, a P/E ratio of 17.71, a P/E/G ratio of 0.04 and a beta of 1.38.

Dundee Precious Metals (TSE:DPM) last announced its earnings results on Tuesday, May 5th. The mining company reported C$1.06 earnings per share for the quarter. Dundee Precious Metals had a net margin of 47.14% and a return on equity of 22.46%. The business had revenue of C$431.50 million during the quarter. Sell-side analysts anticipate that Dundee Precious Metals will post 1.9039474 EPS for the current fiscal year.

About Dundee Precious Metals

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.