DPM Metals (OTCMKTS:DPMLF) Announces Quarterly Earnings Results

DPM Metals (OTCMKTS:DPMLFGet Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.76 EPS for the quarter, hitting the consensus estimate of $0.76, Zacks reports. DPM Metals had a net margin of 38.85% and a return on equity of 23.61%. The firm had revenue of $310.40 million for the quarter, compared to analysts’ expectations of $327.66 million.

DPM Metals Stock Down 1.1%

Shares of OTCMKTS:DPMLF opened at $32.12 on Wednesday. The firm has a fifty day moving average of $37.06 and a two-hundred day moving average of $32.47. DPM Metals has a 12-month low of $13.20 and a 12-month high of $46.28. The firm has a market capitalization of $7.11 billion, a P/E ratio of 16.64 and a beta of 0.65.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Scotiabank reaffirmed an “outperform” rating on shares of DPM Metals in a research note on Monday, January 26th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of DPM Metals in a research note on Wednesday, February 4th. Finally, Zacks Research cut shares of DPM Metals from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, DPM Metals presently has a consensus rating of “Buy”.

View Our Latest Research Report on DPM Metals

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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Earnings History for DPM Metals (OTCMKTS:DPMLF)

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