DPM Metals (DPMLF) to Release Quarterly Earnings on Thursday

DPM Metals (OTCMKTS:DPMLF) will likely be issuing its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $0.8280 per share and revenue of $372.7420 million for the quarter.

DPM Metals (OTCMKTS:DPMLF) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.76 EPS for the quarter, hitting the consensus estimate of $0.76. DPM Metals had a net margin of 44.92% and a return on equity of 24.75%. The firm had revenue of $310.40 million for the quarter, compared to analyst estimates of $327.66 million. On average, analysts expect DPM Metals to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

DPM Metals Price Performance

Shares of DPMLF opened at $36.12 on Tuesday. DPM Metals has a 1-year low of $16.20 and a 1-year high of $46.28. The stock has a market cap of $7.97 billion, a PE ratio of 14.50 and a beta of 0.66. The firm has a fifty day moving average price of $33.38 and a 200 day moving average price of $35.38.

Wall Street Analysts Forecast Growth

DPMLF has been the topic of a number of research analyst reports. Zacks Research cut DPM Metals from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 31st. Scotiabank reissued an “outperform” rating on shares of DPM Metals in a research report on Tuesday, July 14th. Finally, Jefferies Financial Group restated a “buy” rating on shares of DPM Metals in a research note on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

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.