Dundee Precious Metals (TSE:DPM) Stock Price Passes Above 200-Day Moving Average - Time to Sell?

Key Points

• Dundee Precious Metals (TSE:DPM) stock recently traded above its 200-day moving average, reaching a high of C$32.37 and last priced at C$31.83.
• Analyst ratings for the stock are predominantly positive, with an average rating of "Buy" and a price target of C$29.91, while BMO Capital set a target of C$36.00 and Canaccord Genuity increased theirs to C$38.00.
• The company announced a quarterly dividend of $0.04, with an annualized yield of 0.5%, and it has consistently returned over $260 million to shareholders since 2020.

Dundee Precious Metals Inc. (TSE:DPM - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$22.50 and traded as high as C$32.37. Dundee Precious Metals shares last traded at C$31.83, with a volume of 815,138 shares.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on DPM shares. Royal Bank Of Canada boosted their target price on shares of Dundee Precious Metals from C$24.00 to C$32.00 and gave the stock a "moderate buy" rating in a report on Wednesday, September 10th. BMO Capital Markets set a C$36.00 target price on shares of Dundee Precious Metals and gave the stock an "outperform" rating in a report on Friday, September 12th. Canaccord Genuity Group boosted their target price on shares of Dundee Precious Metals from C$28.50 to C$38.00 in a report on Thursday. CIBC reduced their target price on shares of Dundee Precious Metals from C$38.00 to C$33.00 and set a "neutral" rating for the company in a report on Wednesday. Finally, Macquarie upgraded shares of Dundee Precious Metals to a "strong-buy" rating in a report on Wednesday, September 17th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Dundee Precious Metals currently has an average rating of "Buy" and an average price target of C$29.91.

Dundee Precious Metals Stock Up 1.5%

The firm has a market cap of C$7.06 billion, a PE ratio of 22.90, a price-to-earnings-growth ratio of 0.04 and a beta of 0.79. The stock has a 50 day moving average price of C$26.84 and a two-hundred day moving average price of C$22.50.

Dundee Precious Metals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.5%. Dundee Precious Metals's dividend payout ratio is currently 11.51%.

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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