DPM Metals (OTCMKTS:DPMLF) Issues Quarterly Earnings Results

DPM Metals (OTCMKTS:DPMLF) released its quarterly earnings data on Thursday. The company reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.75 by ($0.09), Zacks reports. DPM Metals had a net margin of 50.26% and a return on equity of 25.66%. The company had revenue of $292.83 million during the quarter, compared to analyst estimates of $321.94 million.

DPM Metals Stock Down 3.0%

DPMLF stock traded down $1.06 during trading hours on Friday, hitting $34.38. The company’s stock had a trading volume of 6,175 shares, compared to its average volume of 73,963. The company has a market capitalization of $7.50 billion, a PE ratio of 11.31 and a beta of 0.73. DPM Metals has a 12 month low of $22.55 and a 12 month high of $52.37. The stock has a 50 day moving average price of $40.66 and a two-hundred day moving average price of $37.90.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Scotiabank reissued an “outperform” rating on shares of DPM Metals in a research note on Wednesday, August 19th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of DPM Metals in a research note on Wednesday, September 9th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

About DPM Metals

DPM Metals Inc. is a Canadian mining company focused on the exploration, development and operation of precious- and base-metal assets. Its products have included gold and copper, as well as silver and other metals recovered during processing. Historically known as Dundee Precious Metals, the company has had a significant presence in Bulgaria, where its portfolio included the Chelopech copper-gold mine and the Ada Tepe gold mine. It has also pursued mining and exploration opportunities in southeastern Europe.