Dundee Precious Metals (TSE:DPM) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Key Points

• Canaccord Genuity raised its price target on Dundee Precious Metals to C$70 (from C$62), implying about a 29.15% upside, and the stock carries an average analyst rating of "Buy" with a consensus target of C$52.67.
• DPM traded at C$54.20 with a market cap of C$12.03 billion, a P/E of 27.24, and a 12‑month range of C$17.04–C$60.13, reflecting recent analyst upward revisions and stronger trading levels.
• The company is a low‑cost producer (~200,000 oz of gold annually) with strong recent results (quarterly EPS C$1.06, revenue C$471.85M, net margin 42.07%) and a solid balance sheet (net cash of C$763 million as of March 2025), having returned over C$260M to shareholders since 2020.

Dundee Precious Metals (TSE:DPM - Get Free Report) had its price objective increased by stock analysts at Canaccord Genuity Group from C$62.00 to C$70.00 in a research note issued to investors on Friday,BayStreet.CA reports. Canaccord Genuity Group's price objective would suggest a potential upside of 29.15% from the stock's current price.

Several other equities research analysts have also issued reports on the company. Canadian Imperial Bank of Commerce lifted their price target on Dundee Precious Metals from C$58.00 to C$64.00 in a report on Thursday, February 26th. TD Securities increased their price target on shares of Dundee Precious Metals from C$42.00 to C$57.00 in a report on Thursday, January 22nd. Scotiabank upped their price objective on shares of Dundee Precious Metals from C$43.00 to C$55.00 in a research report on Monday, January 26th. National Bank Financial boosted 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. Finally, Stifel Nicolaus raised their price target on Dundee Precious Metals from C$46.00 to C$61.00 in a report on Tuesday, February 10th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of C$52.67.

Dundee Precious Metals Trading Up 0.5%

DPM traded up C$0.29 during trading on Friday, reaching C$54.20. The company had a trading volume of 313,590 shares, compared to its average volume of 993,293. The firm's 50-day simple moving average is C$49.93 and its 200 day simple moving average is C$38.74. The company has a debt-to-equity ratio of 0.48, a quick ratio of 6.61 and a current ratio of 3.58. The company has a market cap of C$12.03 billion, a price-to-earnings ratio of 27.24, a PEG ratio of 0.04 and a beta of 1.19. Dundee Precious Metals has a 12-month low of C$17.04 and a 12-month high of C$60.13.

Dundee Precious Metals (TSE:DPM - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The mining company reported C$1.06 earnings per share (EPS) for the quarter. The firm had revenue of C$471.85 million during the quarter. Dundee Precious Metals had a return on equity of 19.82% and a net margin of 42.07%. Equities research 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 company's stock in a transaction on Thursday, February 12th. The shares were sold at an average price of C$50.20, for a total value of C$385,084.20. Insiders own 0.16% of the company's stock.

About Dundee Precious Metals

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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