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

Shares of DPM Metals Inc. (OTCMKTS:DPMLF) have been given a consensus rating of “Buy” by the seven brokerages that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and two have given a strong buy recommendation to the company.

DPMLF has been the topic of a number of analyst reports. Scotiabank restated an “outperform” rating on shares of DPM Metals in a research report on Thursday, June 4th. Zacks Research cut DPM Metals from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st.

DPM Metals Price Performance

DPMLF opened at $31.68 on Friday. The firm has a fifty day moving average price of $33.82 and a 200 day moving average price of $34.83. DPM Metals has a 1 year low of $15.42 and a 1 year high of $46.28. The stock has a market cap of $6.99 billion, a P/E ratio of 12.72 and a beta of 0.63.

DPM Metals (OTCMKTS:DPMLF) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.76 EPS for the quarter, meeting the consensus estimate of $0.76. The company had revenue of $310.40 million for the quarter, compared to analyst estimates of $327.66 million. DPM Metals had a net margin of 44.92% and a return on equity of 24.75%. Equities analysts expect that DPM Metals will post 3.53 EPS for the current 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.