Dundee Precious Metals (TSE:DPM) Hits New 52-Week High – Here’s What Happened

Shares of Dundee Precious Metals Inc. (TSE:DPM) hit a new 52-week high during trading on Monday . The company traded as high as C$55.38 and last traded at C$55.14, with a volume of 86288 shares. The stock had previously closed at C$53.28.

Analysts Set New Price Targets

DPM has been the topic of a number of research analyst reports. Canadian Imperial Bank of Commerce boosted their price objective on shares of Dundee Precious Metals from C$44.00 to C$58.00 in a research report on Wednesday, February 4th. TD Securities lifted their target price on shares of Dundee Precious Metals from C$42.00 to C$57.00 in a research note on Thursday, January 22nd. Stifel Nicolaus boosted their price target on shares of Dundee Precious Metals from C$46.00 to C$61.00 in a research report on Tuesday, February 10th. BMO Capital Markets increased their price target on shares of Dundee Precious Metals from C$38.00 to C$50.00 in a research note on Friday, December 5th. Finally, Scotiabank raised their price objective on shares of Dundee Precious Metals from C$43.00 to C$55.00 in a report on Monday, January 26th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Dundee Precious Metals has an average rating of “Buy” and an average target price of C$48.44.

Dundee Precious Metals Stock Performance

The stock’s 50-day moving average price is C$47.32 and its two-hundred day moving average price is C$36.86. The stock has a market capitalization of C$12.35 billion, a PE ratio of 27.95, a P/E/G ratio of 0.04 and a beta of 1.02.

Dundee Precious Metals (TSE:DPM) last posted its quarterly earnings data on Tuesday, February 10th. The mining company reported C$1.06 EPS for the quarter. The business had revenue of C$471.85 million for the quarter. Dundee Precious Metals had a net margin of 41.23% and a return on equity of 17.15%. On average, analysts predict that Dundee Precious Metals Inc. will post 1.9039474 earnings per share for the current fiscal 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 that occurred on Thursday, February 12th. The stock was sold at an average price of C$50.20, for a total value of C$385,084.20. 0.16% of the stock is currently owned by corporate insiders.

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.