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

DPM Metals Inc. (OTCMKTS:DPMLFGet Free Report) has received a consensus rating of “Buy” from the seven analysts that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company.

Several research analysts have recently commented on DPMLF shares. Scotiabank reaffirmed an “outperform” rating on shares of DPM Metals in a research note on Thursday, June 4th. Zacks Research downgraded DPM Metals from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st.

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DPM Metals Stock Performance

DPMLF stock opened at $31.94 on Friday. DPM Metals has a fifty-two week low of $14.94 and a fifty-two week high of $46.28. The business’s 50-day moving average is $34.39 and its two-hundred day moving average is $34.66. The company has a market cap of $7.06 billion, a price-to-earnings ratio of 12.83 and a beta of 0.63.

DPM Metals (OTCMKTS:DPMLFGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.76 EPS for the quarter, hitting the consensus estimate of $0.76. DPM Metals had a return on equity of 24.75% and a net margin of 44.92%.The firm had revenue of $310.40 million for the quarter, compared to the consensus estimate of $327.66 million. Equities analysts predict that DPM Metals will post 3.53 earnings per share for the current year.

About DPM Metals

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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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Analyst Recommendations for DPM Metals (OTCMKTS:DPMLF)

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