Shares of DPM Metals Inc. (OTCMKTS:DPMLF – Get Free Report) crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $37.76 and traded as low as $35.87. DPM Metals shares last traded at $37.31, with a volume of 238,785 shares traded.
Wall Street Analyst Weigh In
DPMLF has been the topic of a number of research reports. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of DPM Metals in a research report on Wednesday, September 9th. Jefferies Financial Group restated a “buy” rating on shares of DPM Metals in a research report on Monday, July 6th. Finally, Scotiabank restated an “outperform” rating on shares of DPM Metals in a research report on Wednesday, August 19th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.
Get Our Latest Stock Analysis on DPM Metals
DPM Metals Price Performance
The firm has a 50 day simple moving average of $42.72 and a 200-day simple moving average of $37.80. The stock has a market capitalization of $7.88 billion, a price-to-earnings ratio of 11.52 and a beta of 0.70.
DPM Metals (OTCMKTS:DPMLF – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.12. DPM Metals had a net margin of 50.26% and a return on equity of 25.66%. The business had revenue of $361.54 million during the quarter, compared to analysts’ expectations of $372.74 million. On average, sell-side analysts forecast that DPM Metals Inc. will post 3.27 earnings per share for the current fiscal year.
About DPM Metals
DPM Metals, traded on the OTC market under the symbol DPMLF, is a precious-metals mining company focused primarily on the exploration, development and operation of gold-producing assets. The company is associated with Dundee Precious Metals and has historically produced gold and copper, with its activities centered on mining, mineral processing and related infrastructure.
DPM’s principal operating assets have included the Chelopech underground mine and processing facility and the Ada Tepe open-pit mine in Bulgaria.
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