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

DPM Metals Inc. (OTCMKTS:DPMLF) has been assigned a consensus rating of “Buy” from the seven brokerages that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating, three have given a buy rating and three have given a strong buy rating to the company.

Several equities research analysts recently issued reports on the company. Scotiabank reiterated an “outperform” rating on shares of DPM Metals in a report on Monday, January 26th. National Bank Financial reaffirmed an “outperform” rating on shares of DPM Metals in a report on Friday, December 5th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of DPM Metals in a research note on Wednesday, February 4th. Finally, Zacks Research raised shares of DPM Metals from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 28th.

DPM Metals Price Performance

DPMLF opened at $39.22 on Monday. DPM Metals has a fifty-two week low of $11.16 and a fifty-two week high of $40.90. The firm has a market capitalization of $8.70 billion and a PE ratio of 20.32. The company’s 50-day moving average is $34.48 and its 200 day moving average is $26.52.

DPM Metals (OTCMKTS:DPMLF) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.02). The company had revenue of $352.43 million for the quarter, compared to analyst estimates of $308.77 million. DPM Metals had a net margin of 38.85% and a return on equity of 26.95%. As a group, analysts expect that DPM Metals will post 1.52 EPS for the current 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.