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

Shares of Dundee Precious Metals Inc. (TSE:DPM) have been given an average recommendation of “Buy” by the eight ratings firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, five have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is C$30.78.

A number of analysts have commented on DPM shares. Canaccord Genuity Group upped their price objective on shares of Dundee Precious Metals from C$28.50 to C$38.00 in a research note on Thursday, October 2nd. BMO Capital Markets set a C$36.00 price target on shares of Dundee Precious Metals and gave the stock an “outperform” rating in a research report on Friday, September 12th. Macquarie raised shares of Dundee Precious Metals to a “strong-buy” rating in a research report on Wednesday, September 17th. Stifel Canada raised shares of Dundee Precious Metals to a “strong-buy” rating in a research report on Thursday, September 4th. Finally, TD Securities increased their price target on shares of Dundee Precious Metals from C$23.00 to C$25.00 and gave the stock a “buy” rating in a research report on Monday, June 16th.

Dundee Precious Metals Trading Up 1.2%

DPM stock opened at C$32.89 on Tuesday. Dundee Precious Metals has a one year low of C$12.30 and a one year high of C$34.07. The firm has a market capitalization of C$7.30 billion, a PE ratio of 23.66, a P/E/G ratio of 0.04 and a beta of 0.95. The firm has a 50-day moving average of C$28.01 and a two-hundred day moving average of C$23.15.

Dundee Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.5%. Dundee Precious Metals’s dividend payout ratio (DPR) is 11.51%.

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.