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

Shares of DPM Metals Inc. (OTCMKTS:DPMLF) have been given a consensus rating of “Buy” by the seven brokerages that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating on the company.

Several research analysts have recently issued reports on the company. Zacks Research cut DPM Metals from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of DPM Metals in a research note on Wednesday, February 4th.

DPM Metals Stock Up 2.5%

Shares of OTCMKTS:DPMLF opened at $33.22 on Wednesday. DPM Metals has a 52-week low of $14.66 and a 52-week high of $46.28. The stock has a market cap of $7.34 billion, a price-to-earnings ratio of 13.34 and a beta of 0.63. The business has a 50-day moving average price of $34.93 and a 200-day moving average price of $33.97.

DPM Metals (OTCMKTS:DPMLF) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.76 earnings per share (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 during the quarter, compared to analysts’ expectations of $327.66 million. As a group, equities analysts anticipate that DPM Metals will post 3.53 EPS for the current fiscal 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.