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

by · The Cerbat Gem

DPM Metals Inc. (OTCMKTS:DPMLF – Get Free Report) has earned a consensus rating of “Buy” from the eight brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating, three have assigned a buy rating and four have given a strong buy rating to the company.

Several research firms have recently issued reports on DPMLF. Scotiabank restated an “outperform” rating on shares of DPM Metals in a report on Thursday, October 23rd. Zacks Research raised shares of DPM Metals from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 28th. National Bankshares reissued an “outperform” rating on shares of DPM Metals in a research report on Friday, December 5th. Finally, CIBC reaffirmed a “neutral” rating on shares of DPM Metals in a research report on Friday, December 5th.

Check Out Our Latest Stock Analysis on DPMLF

DPM Metals Stock Performance

Shares of OTCMKTS DPMLF opened at $36.65 on Thursday. The firm has a market capitalization of $8.13 billion and a price-to-earnings ratio of 21.06. DPM Metals has a 52-week low of $9.80 and a 52-week high of $36.87. The stock has a 50 day moving average price of $30.25 and a 200 day moving average price of $23.66.

DPM Metals (OTCMKTS:DPMLF – Get Free Report) last announced its quarterly earnings data on Thursday, November 13th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.15. DPM Metals had a net margin of 39.03% and a return on equity of 22.84%. The business had revenue of $267.41 million for the quarter, compared to the consensus estimate of $227.95 million. Analysts forecast that DPM Metals will post 1.52 earnings per share for the current year.

DPM Metals Company Profile

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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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