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

Shares of DPM Metals Inc. (OTCMKTS:DPMLF) have been given a consensus rating of “Buy” by the eight ratings firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating, three have given a buy rating and four have given a strong buy rating to the company.

Several brokerages recently commented on DPMLF. Stifel Canada upgraded shares of DPM Metals to a “strong-buy” rating in a research report on Thursday, September 4th. CIBC restated a “neutral” rating on shares of DPM Metals in a report on Friday. Scotiabank reiterated an “outperform” rating on shares of DPM Metals in a report on Thursday, October 23rd. Royal Bank Of Canada raised DPM Metals to a “moderate buy” rating in a research report on Wednesday, September 10th. Finally, Macquarie raised DPM Metals to a “strong-buy” rating in a research note on Wednesday, September 17th.

DPM Metals Stock Up 1.4%

Shares of OTCMKTS DPMLF opened at $28.80 on Wednesday. DPM Metals has a 12 month low of $8.65 and a 12 month high of $29.44. The company has a market cap of $6.39 billion and a price-to-earnings ratio of 16.55. The business has a fifty day simple moving average of $24.09 and a 200-day simple moving average of $19.88.

DPM Metals (OTCMKTS:DPMLF) last issued its quarterly earnings results on Thursday, November 13th. The company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.15. DPM Metals had a return on equity of 28.09% and a net margin of 39.03%.The firm had revenue of $267.41 million for the quarter, compared to analysts’ expectations of $227.95 million. As a group, sell-side analysts expect that DPM Metals will post 1.52 EPS for the current fiscal year.

DPM Metals Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a dividend of $0.04 per share. This represents a dividend yield of 72.0%. The ex-dividend date was Monday, September 29th. DPM Metals’s dividend payout ratio (DPR) is currently 9.20%.

DPM Metals Company Profile

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.