Dundee Precious Metals Inc. (TSE:DPM) Receives Average Recommendation of "Buy" from Analysts

Key Points

• Dundee Precious Metals Inc. has an average recommendation of "Buy" from analysts, with one hold rating, five buy ratings, and two strong buy ratings.
• The average twelve-month price target for the stock is currently C$29.91, with varying price targets from different brokerage reports, the highest being C$32.00 by Royal Bank of Canada.
• The company has announced a quarterly dividend of $0.04 per share to be paid on October 15, reflecting an annual yield of 0.5%.

Dundee Precious Metals Inc. (TSE:DPM - Get Free Report) has received an average recommendation of "Buy" from the eight brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$29.91.

A number of research firms recently issued reports on DPM. Macquarie upgraded shares of Dundee Precious Metals to a "strong-buy" rating in a research report on Wednesday, September 17th. Royal Bank Of Canada raised their target price on Dundee Precious Metals from C$24.00 to C$32.00 and gave the company a "moderate buy" rating in a research note on Wednesday, September 10th. Stifel Canada raised Dundee Precious Metals to a "strong-buy" rating in a research note on Thursday, September 4th. TD Securities increased their price target on Dundee Precious Metals from C$23.00 to C$25.00 and gave the stock a "buy" rating in a report on Monday, June 16th. Finally, CIBC reduced their price objective on Dundee Precious Metals from C$38.00 to C$33.00 and set a "neutral" rating for the company in a research note on Wednesday, October 1st.

Dundee Precious Metals Trading Up 2.2%

DPM stock opened at C$32.54 on Tuesday. The firm has a market cap of C$7.22 billion, a PE ratio of 23.41, a price-to-earnings-growth ratio of 0.04 and a beta of 0.95. The stock has a 50-day moving average price of C$27.03 and a 200-day moving average price of C$22.65. Dundee Precious Metals has a 1-year low of C$12.30 and a 1-year high of C$33.14.

Dundee Precious Metals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.5%. Dundee Precious Metals's payout ratio is 11.51%.

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.

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