DPM Metals Inc. (OTCMKTS:DPMLF) Given Consensus Rating of “Buy” by Analysts

Shares of DPM Metals Inc. (OTCMKTS:DPMLF) have received an average rating of “Buy” from the eight brokerages that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company.

A number of equities research analysts have issued reports on DPMLF shares. Scotiabank restated an “outperform” rating on shares of DPM Metals in a research report on Tuesday. Zacks Research lowered DPM Metals from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 31st. Finally, Jefferies Financial Group reissued a “buy” rating on shares of DPM Metals in a research note on Monday, July 6th.

DPM Metals Stock Performance

Shares of DPMLF stock opened at $33.73 on Thursday. DPM Metals has a 52-week low of $15.50 and a 52-week high of $46.28. The stock has a fifty day simple moving average of $33.22 and a two-hundred day simple moving average of $35.17. The firm has a market capitalization of $7.44 billion, a PE ratio of 13.55 and a beta of 0.66.

DPM Metals (OTCMKTS:DPMLF) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.76 EPS for the quarter, hitting analysts’ consensus estimates of $0.76. The company had revenue of $310.40 million for the quarter, compared to analysts’ expectations of $327.66 million. DPM Metals had a return on equity of 24.75% and a net margin of 44.92%. On average, sell-side analysts forecast that DPM Metals will post 3.53 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.