Dundee Precious Metals (TSE:DPM) Reaches New 1-Year High – Still a Buy?

Dundee Precious Metals Inc. (TSE:DPM)’s share price hit a new 52-week high on Monday . The stock traded as high as C$47.37 and last traded at C$46.85, with a volume of 95132 shares trading hands. The stock had previously closed at C$45.53.

Analyst Upgrades and Downgrades

A number of research firms have commented on DPM. National Bankshares increased their target price on Dundee Precious Metals from C$36.50 to C$43.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. Macquarie upgraded Dundee Precious Metals to a “strong-buy” rating in a research note on Wednesday, September 17th. BMO Capital Markets boosted their target price on shares of Dundee Precious Metals from C$38.00 to C$50.00 in a research note on Friday, December 5th. Scotiabank increased their target price on shares of Dundee Precious Metals from C$36.50 to C$43.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. Finally, Canaccord Genuity Group lifted their price target on shares of Dundee Precious Metals from C$28.50 to C$38.00 in a report on Thursday, October 2nd. Two investment 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 company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$37.86.

Dundee Precious Metals Stock Performance

The stock has a 50 day moving average of C$38.51 and a 200 day moving average of C$31.03. The stock has a market capitalization of C$10.56 billion, a P/E ratio of 27.35, a P/E/G ratio of 0.04 and a beta of 1.34.

Dundee Precious Metals (TSE:DPM) last announced its quarterly earnings results on Thursday, November 13th. The mining company reported C$0.73 earnings per share (EPS) for the quarter. The company had revenue of C$372.35 million during the quarter. Dundee Precious Metals had a net margin of 41.23% and a return on equity of 17.15%. On average, research analysts anticipate 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.