DPM Metals Inc. (OTCMKTS:DPMLF) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of DPM Metals Inc. (OTCMKTS:DPMLF) have been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company.

A number of research analysts have issued reports on the company. Jefferies Financial Group reiterated a “buy” rating on shares of DPM Metals in a research report on Monday, July 6th. Scotiabank reissued an “outperform” rating on shares of DPM Metals in a report on Wednesday, August 19th.

DPM Metals Trading Up 3.0%

Shares of OTCMKTS DPMLF opened at $44.60 on Friday. The stock has a 50 day simple moving average of $39.53 and a 200-day simple moving average of $36.92. The company has a market cap of $9.78 billion, a PE ratio of 14.67 and a beta of 0.69. DPM Metals has a 12-month low of $18.21 and a 12-month high of $52.37.

DPM Metals (OTCMKTS:DPMLF) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.12. DPM Metals had a return on equity of 25.66% and a net margin of 50.26%.The business had revenue of $361.54 million during the quarter, compared to analyst estimates of $372.74 million. Sell-side analysts forecast that DPM Metals will post 3.31 earnings per share for the current fiscal year.

About DPM Metals

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.