DPM Metals (OTCMKTS:DPMLF – Get Free Report) posted its earnings results on Tuesday. The company reported $0.76 EPS for the quarter, hitting analysts’ consensus estimates of $0.76, Zacks reports. The business had revenue of $310.40 million during the quarter, compared to analyst estimates of $327.66 million. DPM Metals had a return on equity of 23.61% and a net margin of 38.85%.
DPM Metals Trading Down 1.1%
Shares of DPMLF opened at $32.12 on Wednesday. The firm has a market cap of $7.11 billion, a PE ratio of 16.64 and a beta of 0.65. The firm has a fifty day simple moving average of $37.06 and a two-hundred day simple moving average of $32.47. DPM Metals has a 1-year low of $13.20 and a 1-year high of $46.28.
Analyst Upgrades and Downgrades
DPMLF has been the topic of a number of research analyst reports. Scotiabank reaffirmed an “outperform” rating on shares of DPM Metals in a report on Monday, January 26th. Zacks Research downgraded DPM Metals from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of DPM Metals in a report on Wednesday, February 4th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy”.
About DPM Metals
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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