DPM Metals Inc. (OTCMKTS:DPMLF) Receives Average Rating of “Buy” from Analysts

DPM Metals Inc. (OTCMKTS:DPMLF) has received a consensus rating of “Buy” from the seven research firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and three have issued a strong buy recommendation on the company.

A number of equities research analysts have weighed in on the company. Scotiabank restated an “outperform” rating on shares of DPM Metals in a research report on Monday, January 26th. National Bank Financial restated an “outperform” rating on shares of DPM Metals in a report on Friday, December 5th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of DPM Metals in a report on Wednesday, February 4th. Finally, Zacks Research upgraded shares of DPM Metals from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 28th.

DPM Metals Stock Up 1.4%

DPMLF stock opened at $39.22 on Monday. The company has a 50-day simple moving average of $34.48 and a 200 day simple moving average of $26.65. The company has a market capitalization of $8.70 billion and a P/E ratio of 20.32. DPM Metals has a fifty-two week low of $11.16 and a fifty-two week high of $40.90.

DPM Metals (OTCMKTS:DPMLF) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.02). The company had revenue of $352.43 million for the quarter, compared to the consensus estimate of $308.77 million. DPM Metals had a return on equity of 26.95% and a net margin of 38.85%. Equities analysts anticipate that DPM Metals will post 1.52 EPS for the current year.

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.