DPM Metals Inc. (OTCMKTS:DPMLF) Receives Consensus Rating of “Buy” from Analysts

DPM Metals Inc. (OTCMKTS:DPMLFGet Free Report) has earned a consensus rating of “Buy” from the eight brokerages that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating on the company.

A number of brokerages recently weighed in on DPMLF. Scotiabank reissued an “outperform” rating on shares of DPM Metals in a report on Tuesday, July 14th. Jefferies Financial Group restated a “buy” rating on shares of DPM Metals in a report on Monday, July 6th.

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DPM Metals Stock Performance

Shares of DPM Metals stock opened at $44.61 on Monday. The business’s fifty day simple moving average is $35.41 and its 200 day simple moving average is $35.98. The firm has a market capitalization of $9.78 billion, a P/E ratio of 14.67 and a beta of 0.65. DPM Metals has a 12 month low of $17.25 and a 12 month high of $46.28.

DPM Metals (OTCMKTS:DPMLFGet Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.12. DPM Metals had a return on equity of 26.43% and a net margin of 50.26%.The firm had revenue of $361.54 million during the quarter, compared to the consensus estimate of $372.74 million. Analysts predict that DPM Metals will post 3.29 EPS for the current fiscal year.

About DPM Metals

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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.

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Analyst Recommendations for DPM Metals (OTCMKTS:DPMLF)

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