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

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

A number of equities analysts recently issued reports 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 lowered shares of DPM Metals from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 31st.

DPM Metals Trading Up 3.9%

Shares of DPMLF stock opened at $34.41 on Wednesday. DPM Metals has a 1 year low of $14.66 and a 1 year high of $46.28. The firm’s fifty day simple moving average is $34.99 and its 200 day simple moving average is $33.66. The firm has a market capitalization of $7.60 billion, a P/E ratio of 13.82 and a beta of 0.65.

DPM Metals (OTCMKTS:DPMLF) last announced its earnings results on Tuesday, May 5th. The company reported $0.76 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.76. DPM Metals had a net margin of 44.92% and a return on equity of 26.58%. The business had revenue of $310.40 million for the quarter, compared to analyst estimates of $327.66 million. Equities research analysts anticipate that DPM Metals will post 3.53 EPS for the current fiscal year.

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.