CIBC Sticks to Their Buy Rating for Dundee Precious Mtl (DPM)

By Austin Angelo

Yesterday, an analyst has provided a rating update for Dundee Precious Mtl (DPMResearch Report). The Materials company, Dundee Precious Mtl (TSX: DPM) has just received a rating update from a Wall Street analyst.

According to TipRanks.com, Chiu is a 5-star analyst with an average return of 12.1% and a 50.7% success rate. Chiu covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Osisko Gold Royalties Ltd, and Detour Gold Corporation.

Dundee Precious Mtl has an analyst consensus of Moderate Buy, with a price target consensus of C$6.68.

The company has a one-year high of C$5.75 and a one-year low of C$3.07. Currently, Dundee Precious Mtl has an average volume of 419.2K.

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 & Other. The Chelopech segment covers gold production.

The company’s shares closed last Wednesday at C$4.55.