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

Shares of DPM Metals Inc. (OTCMKTS:DPMLF) have been assigned an average recommendation of “Moderate Buy” from the five ratings firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

A number of equities analysts have weighed in on the stock. Scotiabank reaffirmed an “outperform” rating on shares of DPM Metals in a research note on Wednesday, August 19th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of DPM Metals in a research note on Wednesday, September 9th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of DPM Metals in a report on Monday, July 6th.

DPM Metals Trading Down 8.9%

Shares of DPM Metals stock opened at $40.02 on Tuesday. DPM Metals has a 12 month low of $20.45 and a 12 month high of $52.37. The firm has a market capitalization of $8.77 billion, a P/E ratio of 13.16 and a beta of 0.70. The business has a fifty day simple moving average of $43.30 and a two-hundred day simple moving average of $37.42.

DPM Metals (OTCMKTS:DPMLF) last released its earnings results on Thursday, July 30th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.12. The firm had revenue of $361.54 million for the quarter, compared to the consensus estimate of $372.74 million. DPM Metals had a net margin of 50.26% and a return on equity of 25.66%. Analysts predict that DPM Metals will post 3.31 earnings per share for the current year.

DPM Metals Company Profile

Dundee Precious Metals Inc, traded over the counter under the symbol DPMLF, is a Canadian-based mining company focused on the acquisition, development and operation of precious-metals properties. Its primary products are gold and copper, with activities spanning mine production, mineral exploration and related processing operations.

The company operates the Chelopech underground copper-gold mine and the Ada Tepe open-pit gold mine in Bulgaria. Chelopech produces gold and copper concentrates, while Ada Tepe is a gold-focused operation.