DPM Metals Inc. (OTCMKTS:DPMLF) Given Average Rating of “Moderate Buy” by Analysts

Shares of DPM Metals Inc. (OTCMKTS:DPMLF) have received an average rating of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company.

Several brokerages recently issued reports on DPMLF. Jefferies Financial Group reissued a “buy” rating on shares of DPM Metals in a report on Monday, July 6th. Scotiabank reaffirmed an “outperform” rating on shares of DPM Metals in a research report on Wednesday, August 19th.

DPM Metals Stock Up 3.0%

Shares of OTCMKTS:DPMLF opened at $44.60 on Friday. The company has a market cap of $9.78 billion, a PE ratio of 14.67 and a beta of 0.69. DPM Metals has a fifty-two week low of $18.21 and a fifty-two week high of $52.37. The firm has a 50-day simple moving average of $39.53 and a 200 day simple moving average of $36.92.

DPM Metals (OTCMKTS:DPMLF) last issued its earnings results on Thursday, July 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.12. The company had revenue of $361.54 million during the quarter, compared to the consensus estimate of $372.74 million. DPM Metals had a return on equity of 25.66% and a net margin of 50.26%. As a group, research analysts forecast that DPM Metals will post 3.31 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.