07:13:10 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Dundee Precious Metals Inc
Symbol DPM
Shares Issued 183,278,390
Close 2023-12-15 C$ 9.76
Market Cap C$ 1,788,797,086
Recent Sedar Documents

Globe says RBC's Lam keeps Dundee Precious at "buy"

2023-12-15 07:39 ET - In the News

The Globe and Mail reports in its Friday, Dec. 15, edition that RBC Capital Markets analyst Wayne Lam has reaffirmed his "outperform" recommendation Dundee Precious Metals. The Globe's David Leeder writes in the Eye On Equities column that Mr. Lam elevated his share target to $15 from $13. Analysts on average target the shares at $13.31. Mr. Lam says in a note: "We view the maiden resource at Coka Rakita as transformational for Dundee Precious Metals in providing a high-margin project to bolster the growth pipeline and repositioning the company path forward via use of proceeds for its growing cash balance. As well, we estimate the project helping to sustain current output levels over the coming decade, minimizing the length of potential production decline between depletion of Ada Tepe in mid-2026 and first gold at Coka Rakita by 2028." The Globe reported on April 21 that Stifel analysts rated Dundee "buy." The shares could then be had for $10.20. The Globe reported on Nov. 29 that Stifel analyst James Hodgins said it was "time to buy Canadian small caps." He reaffirmed his "buy" call on Dundee Precious when it could be had for $9.88.

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