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

DPM Metals Inc. (OTCMKTS:DPMLF) has been given a consensus rating of “Buy” by the eight analysts that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have assigned a strong buy recommendation to the company.

Several equities analysts recently weighed in on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of DPM Metals in a research report on Monday, July 6th. Scotiabank reissued an “outperform” rating on shares of DPM Metals in a research note on Tuesday, July 14th. Finally, Zacks Research lowered DPM Metals from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st.

DPM Metals Trading Up 1.5%

DPMLF opened at $36.40 on Thursday. DPM Metals has a 1-year low of $16.20 and a 1-year high of $46.28. The company has a market cap of $8.03 billion, a price-to-earnings ratio of 14.62 and a beta of 0.66. The company’s fifty day moving average price is $33.19 and its two-hundred day moving average price is $35.28.

DPM Metals (OTCMKTS:DPMLF) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.76 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.76. The firm had revenue of $310.40 million during the quarter, compared to analysts’ expectations of $327.66 million. DPM Metals had a net margin of 44.92% and a return on equity of 24.75%. As a group, equities analysts forecast that DPM Metals will post 3.33 earnings per share for the current fiscal year.

DPM Metals Company Profile

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.