DPM Metals (DPMLF) to Announce Quarterly Earnings on Thursday

DPM Metals (OTCMKTS:DPMLF) is expected to release its resultson Thursday, July 30th. Analysts expect DPM Metals to announce earnings of $0.8280 per share and revenue of $372.7420 million for the quarter.

DPM Metals (OTCMKTS:DPMLF) last released its earnings results on Tuesday, May 5th. The company reported $0.76 EPS for the quarter, hitting the consensus estimate of $0.76. The business had revenue of $310.40 million during 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, analysts expect DPM Metals to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

DPM Metals Stock Performance

Shares of DPMLF stock opened at $35.46 on Wednesday. DPM Metals has a fifty-two week low of $16.20 and a fifty-two week high of $46.28. The stock has a 50 day simple moving average of $33.46 and a two-hundred day simple moving average of $35.41. The company has a market cap of $7.82 billion, a P/E ratio of 14.24 and a beta of 0.66.

Analysts Set New Price Targets

DPMLF has been the subject of several recent analyst reports. Scotiabank reaffirmed an “outperform” rating on shares of DPM Metals in a research report on Tuesday, July 14th. Zacks Research downgraded shares of 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. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

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.