BMO Capital Markets raises PT on Dundee Precious Metals

DPM Metals

05/12/2025 13:47

** BMO Capital Markets raises PT on Canadian gold miner Dundee Precious Metals DPM.TO to C$50 from C$38

** New PT represents 27.2% upside to stock's last close

** Brokerage says DPM's Investor Day presentation underscores co's ability to sustain strong margins and free cash flow

** "The key takeaway from the presentation was the materially evolved growth profile that we believe will definitely resonate with investors" - brokerage

** 11 of 12 brokerages rate the stock "buy" or higher, one "hold"; median PT is C$44.50 - data compiled by LSEG

** As of last close, DPM up 201.3% YTD

 (Reporting by Dharna Bafna in Bengaluru)

 ((Dharna.bafna@thomsonreuters.com))