In a report released on October 13, Michael Siperco from RBC Capital maintained a Buy rating on Dundee Precious Mtl. The company’s shares closed yesterday at C$34.61.
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Siperco covers the Basic Materials sector, focusing on stocks such as Lundin Gold, IAMGOLD, and Orla Mining. According to TipRanks, Siperco has an average return of 48.3% and a 73.35% success rate on recommended stocks.
In addition to RBC Capital, Dundee Precious Mtl also received a Buy from Stifel Nicolaus’s Ingrid Rico in a report issued on October 10. However, on the same day, CIBC maintained a Hold rating on Dundee Precious Mtl (TSX: DPM).
Based on Dundee Precious Mtl’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of C$186.42 million and a net profit of C$83.39 million. In comparison, last year the company earned a revenue of C$152.13 million and had a net profit of C$62.46 million
Read More on TSE:DPM:
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- DPM Metals price target raised to C$106 from C$97 at Stifel
- DPM Metals price target raised to C$40 from C$33 at CIBC
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- DPM Metals reports preliminary Q3 gold production 63.7K oz.
- DPM Metals sees FY25 gold production 225K-265K oz.
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