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

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

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

DPM Metals Stock Down 5.5%

Shares of DPM Metals stock opened at $36.05 on Friday. DPM Metals has a 12 month low of $11.99 and a 12 month high of $46.28. The stock has a market cap of $8.00 billion and a PE ratio of 18.68. The business has a fifty day simple moving average of $37.34 and a 200-day simple moving average of $29.05.

DPM Metals (OTCMKTS:DPMLF) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.02). The business had revenue of $352.43 million for the quarter, compared to analyst estimates of $308.77 million. DPM Metals had a net margin of 38.85% and a return on equity of 23.61%. Analysts expect 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.