DPM Metals Inc. (OTCMKTS:DPMLF) Given Average Rating of “Buy” by Analysts

Shares of DPM Metals Inc. (OTCMKTS:DPMLF) have received a consensus rating of “Buy” from the seven brokerages that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company.

DPMLF has been the topic of a number of recent research reports. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of DPM Metals in a research note on Wednesday, February 4th. Zacks Research downgraded shares of DPM Metals from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st.

DPM Metals Price Performance

DPMLF opened at $34.41 on Wednesday. DPM Metals has a fifty-two week low of $14.66 and a fifty-two week high of $46.28. The firm’s fifty day moving average price is $34.99 and its two-hundred day moving average price is $33.66. The company has a market capitalization of $7.60 billion, a P/E ratio of 13.82 and a beta of 0.65.

DPM Metals (OTCMKTS:DPMLF) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.76 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.76. DPM Metals had a net margin of 44.92% and a return on equity of 26.58%. The firm had revenue of $310.40 million for the quarter, compared to the consensus estimate of $327.66 million. On average, equities research analysts expect that DPM Metals will post 3.53 EPS for the current fiscal year.

DPM Metals Company Profile

Dundee Precious Metals Inc (OTCMKTS:DPMLF) is a Canada‐based precious metals producer with a focus on gold and copper mining. The company’s primary operations are located in southeastern Europe, where it owns and operates the Chelopech mine, a high‐grade gold‐copper‐silver underground mine in Bulgaria. In addition to gold‐copper production at Chelopech, Dundee Precious Metals is advancing the Krumovgrad gold project, also in Bulgaria, which is expected to further diversify its output and extend the company’s production profile.

At Chelopech, Dundee Precious Metals employs a conventional flotation process to recover gold, copper and silver from sulphide ores.