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

Shares of DPM Metals Inc. (OTCMKTS:DPMLFGet Free Report) have received an average rating of “Buy” from the eight brokerages that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and four have issued a strong buy recommendation on the company.

Several equities research analysts have commented on DPMLF shares. National Bankshares reaffirmed an “outperform” rating on shares of DPM Metals in a research note on Friday, December 5th. Stifel Canada upgraded DPM Metals to a “strong-buy” rating in a report on Thursday, September 4th. Macquarie upgraded DPM Metals to a “strong-buy” rating in a report on Wednesday, September 17th. Scotiabank reiterated an “outperform” rating on shares of DPM Metals in a research report on Thursday, October 23rd. Finally, CIBC restated a “neutral” rating on shares of DPM Metals in a report on Friday, December 5th.

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DPM Metals Stock Performance

OTCMKTS:DPMLF opened at $30.92 on Friday. DPM Metals has a 12-month low of $9.02 and a 12-month high of $33.00. The stock’s fifty day simple moving average is $26.55 and its 200-day simple moving average is $21.62.

DPM Metals (OTCMKTS:DPMLFGet Free Report) last released its earnings results on Thursday, November 13th. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.15. DPM Metals had a return on equity of 22.84% and a net margin of 39.03%.The firm had revenue of $267.41 million for the quarter, compared to analyst estimates of $227.95 million. On average, equities analysts anticipate that DPM Metals will post 1.52 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.

Further Reading

Analyst Recommendations for DPM Metals (OTCMKTS:DPMLF)

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