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

Shares of DPM Metals Inc. (OTCMKTS:DPMLF) have been assigned a consensus rating of “Buy” from the seven analysts that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company.

Several equities research analysts have recently commented on the stock. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of DPM Metals in a research report on Wednesday, February 4th. Zacks Research cut shares of DPM Metals from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 31st. Finally, Scotiabank reaffirmed an “outperform” rating on shares of DPM Metals in a research report on Monday, January 26th.

DPM Metals Trading Up 0.3%

DPMLF stock opened at $37.09 on Tuesday. The company’s 50 day moving average is $37.30 and its 200 day moving average is $30.59. The stock has a market cap of $8.22 billion, a price-to-earnings ratio of 19.22 and a beta of 0.80. DPM Metals has a 1-year low of $11.99 and a 1-year high of $46.28.

DPM Metals (OTCMKTS:DPMLF) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.02). DPM Metals had a return on equity of 23.61% and a net margin of 38.85%.The business had revenue of $352.43 million for the quarter, compared to analysts’ expectations of $308.77 million. As a group, sell-side analysts forecast 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.