DPM Metals (DPMLF) Projected to Announce Earnings on Thursday

DPM Metals (OTCMKTS:DPMLF) will likely be releasing its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $0.8490 per share and revenue of $351.7240 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. DPM Metals had a net margin of 44.92% and a return on equity of 24.75%. The firm had revenue of $310.40 million during the quarter, compared to analysts’ expectations of $327.66 million. 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 Up 1.5%

Shares of DPM Metals stock opened at $36.40 on Thursday. DPM Metals has a fifty-two week low of $16.20 and a fifty-two week high of $46.28. The business’s fifty day moving average is $33.19 and its two-hundred day moving average is $35.28. The firm has a market cap of $8.03 billion, a PE ratio of 14.62 and a beta of 0.66.

Wall Street Analyst Weigh In

A number of analysts have issued reports on DPMLF shares. Zacks Research lowered DPM Metals from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st. Jefferies Financial Group reaffirmed a “buy” rating on shares of DPM Metals in a research note on Monday, July 6th. Finally, Scotiabank reiterated an “outperform” rating on shares of DPM Metals in a report on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy”.

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.