Dundee Precious Metals (TSE:DPM - Get Free Report) had its price target raised by stock analysts at Scotiabank from C$18.00 to C$18.50 in a research note issued on Wednesday,BayStreet.CA reports. Scotiabank's price objective indicates a potential upside of 33.09% from the stock's previous close. Scotiabank also issued estimates for Dundee Precious Metals' FY2024 earnings at $1.27 EPS and FY2026 earnings at $1.12 EPS.
A number of other brokerages have also issued reports on DPM. CIBC lifted their target price on shares of Dundee Precious Metals from C$16.00 to C$17.00 in a research note on Thursday, December 19th. Jefferies Financial Group raised their price objective on shares of Dundee Precious Metals from C$16.00 to C$18.00 in a research report on Friday, October 4th. BMO Capital Markets boosted their target price on shares of Dundee Precious Metals from C$15.50 to C$18.50 in a research report on Monday, October 21st. Finally, Royal Bank of Canada raised their price target on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, December 6th.
View Our Latest Analysis on Dundee Precious Metals
Dundee Precious Metals Stock Down 0.1 %
Shares of TSE DPM traded down C$0.01 during mid-day trading on Wednesday, reaching C$13.90. The company had a trading volume of 588,287 shares, compared to its average volume of 435,044. The company has a debt-to-equity ratio of 1.31, a quick ratio of 6.61 and a current ratio of 7.09. The company has a market capitalization of C$2.50 billion, a price-to-earnings ratio of 9.14, a PEG ratio of 0.04 and a beta of 1.20. The stock has a fifty day moving average of C$13.15 and a two-hundred day moving average of C$13.02. Dundee Precious Metals has a 12-month low of C$7.79 and a 12-month high of C$14.81.
About Dundee Precious Metals
(
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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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