Analysts Anticipate DelMar Pharmaceuticals (DMPI) to Announce ($0.08) EPS

Shares of DelMar Pharmaceuticals (NASDAQ:DMPI) have been given a consensus broker rating score of 1.50 (Buy) from the four analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and three have given a strong buy recommendation to the company.

Analysts have set a 12 month consensus price target of $11.16 for the company and are expecting that the company will post ($0.08) EPS for the current quarter, according to Zacks. Zacks has also given DelMar Pharmaceuticals an industry rank of 109 out of 265 based on the ratings given to its competitors.

DMPI stock opened at $0.99 on Friday. DelMar Pharmaceuticals has a 1 year low of $0.78 and a 1 year high of $2.84.

DelMar Pharmaceuticals (NASDAQ:DMPI) last posted its earnings results on Tuesday, May 15th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.03). analysts predict that DelMar Pharmaceuticals will post -0.46 EPS for the current year.

About DelMar Pharmaceuticals

DelMar Pharmaceuticals, Inc, a clinical stage drug development company, focuses on developing and commercializing anti-cancer therapies to treat cancer patients who have failed to respond to modern therapy. Its product candidate includes VAL-083, a small-molecule chemotherapeutic agent, which is in Phase III study for the treatment of recurrent glioblastoma multiforme.

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