DPM Metals (DPMLF) to Release Quarterly Earnings on Tuesday

DPM Metals (OTCMKTS:DPMLF) is expected to announce its results after the market closes on Tuesday, November 4th. Analysts expect the company to announce earnings of $0.58 per share and revenue of $227.9510 million for the quarter.

DPM Metals (OTCMKTS:DPMLF) last issued its earnings results on Thursday, July 31st. The company reported $0.52 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.52. DPM Metals had a return on equity of 21.68% and a net margin of 37.07%.The firm had revenue of $178.30 million for the quarter, compared to analyst estimates of $177.36 million. On average, analysts expect DPM Metals to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

DPM Metals Stock Up 0.0%

Shares of OTCMKTS:DPMLF traded up $0.00 during midday trading on Monday, reaching $21.43. 1,275 shares of the company traded hands, compared to its average volume of 93,182. DPM Metals has a 12 month low of $8.65 and a 12 month high of $26.76. The firm has a market capitalization of $3.58 billion, a price-to-earnings ratio of 15.31 and a beta of 0.66. The firm’s fifty day moving average price is $21.73 and its two-hundred day moving average price is $17.75.

DPM Metals Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts recently commented on DPMLF shares. Royal Bank Of Canada upgraded DPM Metals to a “moderate buy” rating in a research report on Wednesday, September 10th. Macquarie upgraded DPM Metals to a “strong-buy” rating in a research report on Wednesday, September 17th. Stifel Canada upgraded DPM Metals to a “strong-buy” rating in a research report on Thursday, September 4th. CIBC restated a “neutral” rating on shares of DPM Metals in a research report on Wednesday, October 1st. Finally, Scotiabank reiterated an “outperform” rating on shares of DPM Metals in a report on Thursday, October 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, DPM Metals has a consensus rating of “Buy”.

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.