Dundee Precious Metals (TSE:DPM) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Dundee Precious Metals Inc. (TSE:DPM) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$46.27 and traded as high as C$51.24. Dundee Precious Metals shares last traded at C$48.93, with a volume of 868,922 shares.

Analyst Ratings Changes

Separately, Royal Bank Of Canada increased their price target on Dundee Precious Metals from C$46.00 to C$63.00 in a research note on Thursday, March 12th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$56.11.

Dundee Precious Metals Trading Down 4.1%

The firm has a market cap of C$10.82 billion, a price-to-earnings ratio of 19.19, a price-to-earnings-growth ratio of 0.04 and a beta of 1.44. The stock’s 50 day moving average is C$46.27 and its 200 day moving average is C$48.38.

Dundee Precious Metals (TSE:DPM) last issued its quarterly earnings data on Tuesday, May 5th. The mining company reported C$1.06 earnings per share (EPS) for the quarter. Dundee Precious Metals had a net margin of 47.14% and a return on equity of 22.46%. The firm had revenue of C$431.50 million during the quarter. On average, equities research analysts predict that Dundee Precious Metals Inc. will post 1.9039474 EPS for the current year.

Insider Activity

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. Insiders own 0.16% of the company’s stock.

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.