Canadian Imperial Bank of Commerce Issues Positive Forecast for Dundee Precious Metals (TSE:DPM) Stock Price

Dundee Precious Metals (TSE:DPM) had its price objective increased by equities research analysts at Canadian Imperial Bank of Commerce from C$58.00 to C$64.00 in a report released on Thursday,BayStreet.CA reports. Canadian Imperial Bank of Commerce’s target price would indicate a potential upside of 8.02% from the company’s current price.

DPM has been the topic of several other research reports. Scotiabank boosted their target price on Dundee Precious Metals from C$43.00 to C$55.00 in a report on Monday, January 26th. National Bank Financial raised their target price on Dundee Precious Metals from C$36.50 to C$43.00 and gave the company an “outperform” rating in a research note on Friday, December 5th. BMO Capital Markets lifted their price objective on shares of Dundee Precious Metals from C$38.00 to C$50.00 in a research note on Friday, December 5th. TD Securities raised their target price on shares of Dundee Precious Metals from C$42.00 to C$57.00 in a report on Thursday, January 22nd. Finally, Stifel Nicolaus lifted their target price on Dundee Precious Metals from C$46.00 to C$61.00 in a report on Tuesday, February 10th. Two investment 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. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$49.11.

Dundee Precious Metals Price Performance

Shares of DPM stock traded up C$1.45 during trading hours on Thursday, reaching C$59.25. The stock had a trading volume of 330,995 shares, compared to its average volume of 986,978. The firm has a market capitalization of C$13.15 billion, a PE ratio of 29.77, a price-to-earnings-growth ratio of 0.04 and a beta of 1.02. The firm has a 50-day simple moving average of C$48.26 and a 200-day simple moving average of C$37.45. Dundee Precious Metals has a twelve month low of C$16.36 and a twelve month high of C$59.33.

Dundee Precious Metals (TSE:DPM) last issued its quarterly earnings data on Tuesday, February 10th. The mining company reported C$1.06 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 business had revenue of C$471.85 million during the quarter. On average, equities analysts anticipate that Dundee Precious Metals will post 1.9039474 earnings per share for the current year.

Insider Activity at Dundee Precious Metals

In related news, insider William John Jr. Decooman sold 7,671 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of C$50.20, for a total transaction of C$385,084.20. 0.16% of the stock is currently owned by corporate insiders.

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.