Abcourt says it has received the authorizations needed to start drilling at the Malartic property, which it holds in a joint venture with DPM Metals.
The authorization is the key development for DPM Metals investors. The announcement does not give a start date, describe the drilling program or report expected results.
Investor takeaway: Abcourt has cleared a stated requirement for drilling at the joint-venture property. The announcement does not say when drilling will begin or what it may find.
DPM Metals Inc.
DPM.TO
DPM.TO
DPM Metals Inc.
WealthAwesomeMarket cap
$12.69B
P/E
13.5x
Div. yield
0.29%
Div. / share
$0.16
52W high
$72.47
52W low
$30.46
1W change
+15.43%
Beta
1.32
Analyst Price Targets
Based on analyst covering DPM · as of Nov 10, 2026
Wall Street analysts forecast DPM stock price to rise 22.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$70.54
+22.0% Upside
Previously C$70.59 on Nov 9, 2026
Current Price
C$57.83
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on DPM's historical volatility
30-Day Vol
62.5%
Annualized
90-Day Vol
58.0%
Annualized
Trend (90d)
-24.4%
Annualized drift
90d Mean
C$53.00
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$56.17 | C$45.28 – C$69.69 |
| 60 trading days | C$54.56 | C$40.22 – C$74.01 |
| 90 trading days | C$53.00 | C$36.48 – C$76.99 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
DPM Metals closed at C$57.74
The shares closed 0.5% below their 50-day moving average of C$58.03 and 9.9% above their 200-day average of C$52.55. Trading volume was 121,471 shares, compared with a 20-day average of 1,119,930.
Bull case
The required authorizations are in place, clearing a stated hurdle to starting drilling at the Malartic property.
Bear case
The announcement gives no drilling schedule, program details or results. It also does not explain the property’s potential contribution to DPM Metals.
Abcourt secures authorization for Malartic drilling
Abcourt’s Nov. 9 headline says it has received the authorizations needed to start drilling at the Malartic property, held in a joint venture with DPM Metals. The announcement does not identify the permitting bodies, describe the work program or say when drilling will begin. It also reports no exploration results.
For DPM Metals, the news concerns a joint-venture property, not a disclosed change to production or financial results. The available information does not state each partner’s interest or explain how the authorization affects their obligations.
DPM Metals shares and trading figures
DPM Metals closed at C$57.74. The supplied figures show gains of 2.98% over one day, 13.31% over one week, 5.79% over one month and 30.64% year to date. They do not show that the Malartic announcement caused those moves.
Trading volume was 121,471 shares, or 0.90 times the 20-day average of 1,119,930. The close was 0.5% below the 50-day moving average of C$58.03 and 9.9% above the 200-day average of C$52.55. See the DPM Metals quote page for the stock-page figures.
Drilling details and results remain unknown
The announcement does not say when drilling will begin, outline the program or report results. Until Abcourt provides those details, the authorization confirms permission to start work but says nothing about what the exploration may find or how significant it could be for DPM Metals. The supplied facts also do not point to a separate financial impact from the authorization.
Company information is available on the DPM Metals stock page.
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