DPM Metals Inc. (OTCMKTS:DPMLF) Given Consensus Recommendation of “Buy” by Brokerages

Shares of DPM Metals Inc. (OTCMKTS:DPMLF) have received an average rating of “Buy” from the seven ratings firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating, three have given a buy rating and three have issued a strong buy rating on the company.

Several equities analysts have recently commented on DPMLF shares. Stifel Canada upgraded DPM Metals to a “strong-buy” rating in a research report on Thursday, September 4th. Royal Bank Of Canada upgraded DPM Metals to a “moderate buy” rating in a research report on Wednesday, September 10th. Macquarie upgraded shares of DPM Metals to a “strong-buy” rating in a research report on Wednesday, September 17th. National Bankshares reissued an “outperform” rating on shares of DPM Metals in a research note on Wednesday, July 16th. Finally, CIBC restated a “neutral” rating on shares of DPM Metals in a report on Wednesday, October 1st.

DPM Metals Stock Up 2.4%

OTCMKTS DPMLF opened at $21.51 on Friday. The stock’s 50-day simple moving average is $22.01 and its two-hundred day simple moving average is $17.94. DPM Metals has a twelve month low of $8.65 and a twelve month high of $26.76. The company has a market capitalization of $3.59 billion, a price-to-earnings ratio of 15.37 and a beta of 0.66.

DPM Metals Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a $0.04 dividend. The ex-dividend date of this dividend was Monday, September 29th. This represents a yield of 72.0%. DPM Metals’s payout ratio is currently 11.43%.

About DPM Metals

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.