10:01:00 EDT Fri 11 Jul 2025
Enter Symbol
or Name
USA
CA



Dundee Precious Metals Inc
Symbol DPM
Shares Issued 166,907,073
Close 2025-06-13 C$ 21.34
Market Cap C$ 3,561,796,938
Recent Sedar Documents

Globe says Dundee Precious maintained at "buy"

2025-06-13 07:03 ET - In the News

The Globe and Mail reports in its Friday, June 13, edition that Beacon Securities analyst Bereket Berhe expects that Dundee Precious Metals' deal to acquire Adriatic Metals for about $1.25-billion (U.S.) could add at least another $3 (Canadian) to his share target of $22.50 (Canadian) for Dundee after the deal closes. The Globe's David Berman writes in the Eye On Equities column that Mr. Berhe is maintaining a "buy" recommendation on the stock. The deal is expected to close in September. It will give Dundee 100-per-cent ownership of Adriatic's silver, lead, zinc and gold producing mine in Bosnia and Herzegovina. The mine, according to Dundee, has a 15-year operating life with average annual production of about 168,000 ounces of gold equivalent. The all-in sustaining cost of production is $893 (U.S.) per ounce, compared with a current price of $3,455.90 (U.S.) an ounce in early Friday trading. The deal will raise Dundee's gold equivalent production profile as high as 458,000 ounces per year, up from current 2025 guidance of 310,000 ounces. Mr. Berhe says in a note, "The transaction creates a $3.8-billion market capitalization company with a strong precious metal production profile."

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