11:37 AM EDT, 09/15/2025 (MT Newswires) -- BMO Capital Markets on Monday reiterated its outperform rating on the shares of DPM Metals ( DPMLF ) with a US$36.00 as it resumed coverage of the company formerly called Dundee Precious Metals after it closed the acquisition of Adriatic Metals.

"We are resuming coverage of DPM Metals ( DPMLF ) (previously Dundee Precious Metals) with an Outperform rating and US$36.00/sh target price following the completion of the company's acquisition of London-based Adriatic Metals plc.

The addition of the Vares polymetallic mine in Bosnia and Herzegovina strengthens DPM's production profile and operational outlook, and fully utilizes DPM's regional and operational strengths, in our view. We believe DPM is currently in a strong position to deliver production growth alongside returning capital to shareholders," analyst Raj Ray wrote.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

Price: 29.75, Change: -0.11, Percent Change: -0.37