DPM Metals Inc. (DPM.TO) is a publicly traded company in the Basic Materials — Gold industry listed on TSX. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
DPM Metals Inc. operates as a gold mining company, overseeing the entire process from the acquisition and exploration of precious metals to their development, extraction, and processing. Its primary focus for exploration is on deposits containing gold, copper, and silver. The company's project portfolio encompasses sites in Bulgaria, Serbia, Ecuador, and Bosnia. Headquartered in Toronto, Canada, the entity changed its name from Dundee Precious Metals Inc. to DPM Metals Inc.
Is DPM Metals Inc. stock overvalued or undervalued in 2026?
DPM Metals Inc. (DPM.TO) trades at 11.5× earnings (P/E), against a median of 18.8× across the 156 materials companies above $2bn in Kaplio's universe. No valuation verdict: it is a cyclical and today's P/E (11.5) does not tell whether it is cheap.
Kaplio overview: DPM Metals Inc.
Market cap CAD 11B · 52 weeks 29 CAD – 70 CAD (31 % below the high) · P/E 11.5× · Dividend 0.46 % · Next earnings November 12, 2026 · expected EPS 1.23 CAD · Closing price, Oct 30 · accounts published Jul 30.
- Valuation: P/E 11.5× (no verdict).
- Business: ROIC 19 % (solid).
- Balance sheet: Net cash/EBITDA 0.9× (solid).
- Earnings: 6 of 8 (on track).
What would it be worth at its usual multiples?
No valuation verdict: it is a cyclical and today's P/E (11.5) does not tell whether it is cheap.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in materials: 5 of 8 pass
- Capex / D&A 0.2×, fails.
- P/B across cycles 2.7×, fails.
- Cycle-adjusted EV/EBITDA 8.2×, fails.
- FCF yield 16.1 %, passes.
- Gross margin 63.7 %, passes.
- Net debt / EBITDA (trough) −0.9×, passes.
- Dividend coverage 21.5×, passes.
- Altman Z-Score 8.2, passes.
Against its peers (reference peers) — DPM Metals Inc.: P/E 11.5×; EV/EBITDA 8.2×; ROIC 19.3 %; CAD 10.7B. Eldorado Gold Corporation (P/E 10.2×; EV/EBITDA 7.1×; ROIC 7.2 %; $8.0B), Iamgold Corporation (P/E 7.8×; EV/EBITDA 4.4×; ROIC 25.1 %; $8.8B), Harmony Gold Mining Company Limited (P/E 5.2×; EV/EBITDA 2.8×; ROIC 33.5 %; $9.1B).
Expensive or cheap against its last 9 years?
P/E at each close: today 11.5× · median 12.3× · minimum 4.9× · maximum 71.5× · cheap below 9.6× · expensive above 19.9×. It has been cheaper than today only 41% of the time over its last 9 years.
Dividend
token · Yield 0.46 % ($0.16 per share in 2025) · Years raising it 1 · paying since 2020 · 5-year growth +20 % a year · Free cash flow coverage 11.2× · With 1,000 CAD invested today you'd collect 4.60 CAD a year (0.38 CAD a month).
Profitability
| Return on Equity | 24.39% |
| Return on Invested Capital | 19.32% |
| Return on Assets | 19.52% |
| Gross Margin | 64.09% |
| Operating Margin | 55.21% |
| Net Margin | 51.68% |
Financial Health
| Debt / Equity | 0.00 |
| Current Ratio | 6.31 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 8.18 |
Price Performance
| 1 month | -12.38% |
| 3 months | -1.48% |
| Year-to-date | +14.45% |
| 1 year | +61.83% |
| 3 years | +408.91% |
| 5 years | +496.44% |
| 10 years | +1466.13% |
Dividend History
Paid in the last 12 months: 0.2242 CAD per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-29 | 0.0568 CAD |
| 2026-06-30 | 0.0568 CAD |
| 2026-03-31 | 0.0558 CAD |
| 2025-12-31 | 0.0548 CAD |
| 2025-09-29 | 0.0556 CAD |
| 2025-06-30 | 0.0545 CAD |
| 2025-03-31 | 0.0575 CAD |
| 2024-12-31 | 0.0570 CAD |
| 2024-09-27 | 0.0543 CAD |
| 2024-06-28 | 0.0547 CAD |
Amounts adjusted for stock splits.
Related companies: CG.TO · 0R4M.L · 0R2J.L · AEM.TO · NEM · 0R28.L · ABX.TO · AEM
Explore sector: Basic Materials · Gold
More sections of DPM.TO: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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