Dundee Precious Mtl (DPM) Receives a Buy from GMP FirstEnergy


In a new note to investors today, an analyst has provided a rating update for Dundee Precious Mtl (DPM). Analyst Steven Butler from GMP FirstEnergy reiterated a Buy rating, with a C$6.50 price target.

According to TipRanks.com, Butler is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -7.4% and a 34.7% success rate. Butler covers the Basic Materials sector, focusing on stocks such as Barrick Gold Corporation, Eldorado Gold Corp, and Agnico Eagle.

Dundee Precious Mtl has an analyst consensus of Moderate Buy, with a price target consensus of C$5.75.

The company has a one-year high of C$4.30 and a one-year low of C$2.56. Currently, Dundee Precious Mtl has an average volume of 314.8K.

Dundee Precious Metals, Inc. is an international gold mining company, which engages in the acquisition of mineral properties, exploration, development, and processing of metals. It operates through the following segments: Chelopech, Tsumeb, and Corporate and Other. The Chelopech segment covers gold production.

The company’s shares closed on Tuesday at C$4.31.

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