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

Shares of DPM Metals Inc. (OTCMKTS:DPMLF) have been assigned a consensus recommendation of “Buy” from the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and four have given a strong buy rating to the company.

A number of equities analysts have recently weighed in on DPMLF shares. Zacks Research raised shares of DPM Metals from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 28th. CIBC reiterated a “neutral” rating on shares of DPM Metals in a report on Friday, December 5th. National Bankshares reissued an “outperform” rating on shares of DPM Metals in a research note on Friday, December 5th. Finally, Scotiabank restated an “outperform” rating on shares of DPM Metals in a report on Thursday, October 23rd.

DPM Metals Stock Performance

Shares of DPMLF opened at $35.04 on Thursday. DPM Metals has a 12-month low of $9.73 and a 12-month high of $36.15. The company has a 50-day moving average of $29.73 and a two-hundred day moving average of $23.38.

DPM Metals (OTCMKTS:DPMLF) last issued its quarterly earnings data on Thursday, November 13th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.15. DPM Metals had a return on equity of 22.84% and a net margin of 39.03%.The business had revenue of $267.41 million for the quarter, compared to the consensus estimate of $227.95 million. On average, equities research analysts expect that DPM Metals will post 1.52 earnings per share for the current 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.