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

Shares of DPM Metals Inc. (OTCMKTS:DPMLF) have earned a consensus rating of “Buy” from the seven ratings firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and three have issued a strong buy recommendation on the company.

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

DPM Metals Stock Down 2.9%

DPMLF opened at $31.61 on Friday. The firm has a market cap of $7.01 billion and a PE ratio of 16.38. The business has a fifty day simple moving average of $37.46 and a 200-day simple moving average of $29.33. DPM Metals has a fifty-two week low of $11.99 and a fifty-two week high of $46.28.

DPM Metals (OTCMKTS:DPMLF) last announced its 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). DPM Metals had a return on equity of 23.61% and a net margin of 38.85%.The company had revenue of $352.43 million for the quarter, compared to analyst estimates of $308.77 million. On average, equities research analysts anticipate that DPM Metals will post 1.52 EPS for the current fiscal 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.