Dundee Precious Metals (TSE:DPM - Get Free Report) has been given a C$36.00 price objective by equities research analysts at BMO Capital Markets in a research note issued on Friday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the mining company's stock. BMO Capital Markets' price objective would suggest a potential upside of 22.70% from the stock's current price.
A number of other brokerages also recently commented on DPM. Canaccord Genuity Group increased their price target on shares of Dundee Precious Metals from C$23.00 to C$25.00 and gave the company a "buy" rating in a report on Tuesday, June 17th. TD Securities increased their price target on Dundee Precious Metals from C$23.00 to C$25.00 and gave the company a "buy" rating in a report on Monday, June 16th. CIBC raised their price target on Dundee Precious Metals from C$23.00 to C$25.00 in a research report on Monday, June 16th. Stifel Canada upgraded shares of Dundee Precious Metals to a "strong-buy" rating in a research report on Thursday, September 4th. Finally, Royal Bank Of Canada increased their target price on shares of 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. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to data from MarketBeat, Dundee Precious Metals currently has an average rating of "Buy" and an average target price of C$27.28.
Read Our Latest Stock Report on Dundee Precious Metals
Dundee Precious Metals Price Performance
TSE DPM traded up C$0.14 during trading on Friday, reaching C$29.34. The company's stock had a trading volume of 770,782 shares, compared to its average volume of 680,980. The stock has a market capitalization of C$6.51 billion, a PE ratio of 21.11, a P/E/G ratio of 0.04 and a beta of 0.79. The firm has a fifty day moving average of C$24.90 and a 200 day moving average of C$21.41. Dundee Precious Metals has a one year low of C$12.30 and a one year high of C$30.52.
Dundee Precious Metals Company Profile
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Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.
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