DPM Metals (OTCMKTS:DPMLF – Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.12, Zacks reports. DPM Metals had a net margin of 44.92% and a return on equity of 24.75%.
DPM Metals Price Performance
Shares of OTCMKTS DPMLF traded up $2.28 during mid-day trading on Thursday, reaching $37.26. 132,403 shares of the company’s stock were exchanged, compared to its average volume of 65,799. The firm has a market capitalization of $8.22 billion, a price-to-earnings ratio of 14.96 and a beta of 0.66. DPM Metals has a 52 week low of $16.20 and a 52 week high of $46.28. The firm has a 50-day moving average price of $33.51 and a two-hundred day moving average price of $35.42.
Wall Street Analyst Weigh In
A number of analysts have commented on DPMLF shares. Scotiabank reissued an “outperform” rating on shares of DPM Metals in a report on Tuesday, July 14th. Jefferies Financial Group restated a “buy” rating on shares of DPM Metals in a research note on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, DPM Metals currently 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.
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