Dundee Precious Metals Inc. (TSE:DPM - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$23.23 and traded as high as C$35.42. Dundee Precious Metals shares last traded at C$34.61, with a volume of 1,540,014 shares changing hands.
Analyst Ratings Changes
A number of research firms recently weighed in on DPM. Royal Bank Of Canada lifted their price objective 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. Canaccord Genuity Group lifted 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. Stifel Canada upgraded shares of Dundee Precious Metals to a "strong-buy" rating in a research note on Thursday, September 4th. BMO Capital Markets set a C$36.00 price objective on shares of Dundee Precious Metals and gave the company an "outperform" rating in a research note on Friday, September 12th. Finally, Macquarie upgraded shares of Dundee Precious Metals to a "strong-buy" rating in a research note on Wednesday, September 17th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of C$30.78.
Get Our Latest Stock Analysis on DPM
Dundee Precious Metals Stock Performance
The business's 50-day moving average price is C$28.23 and its 200 day moving average price is C$23.23. The stock has a market capitalization of C$7.68 billion, a PE ratio of 24.90, a price-to-earnings-growth ratio of 0.04 and a beta of 0.95.
Dundee Precious Metals Announces Dividend
The company 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 dividend of $0.04 per share. 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 currently 11.51%.
About Dundee Precious Metals
(
Get Free Report)
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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