DPM Metals (OTCMKTS:DPMLF – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.12, Zacks reports. DPM Metals had a net margin of 44.92% and a return on equity of 24.75%.
DPM Metals Stock Performance
Shares of OTCMKTS:DPMLF traded up $2.28 during trading hours on Thursday, hitting $37.26. 132,403 shares of the company’s stock traded hands, compared to its average volume of 65,064. The company’s fifty day simple moving average is $33.51 and its two-hundred day simple moving average is $35.42. The company has a market cap of $8.22 billion, a price-to-earnings ratio of 14.96 and a beta of 0.66. DPM Metals has a 52 week low of $16.20 and a 52 week high of $46.28.
Analyst Ratings Changes
Several brokerages recently commented on DPMLF. Scotiabank reissued an “outperform” rating on shares of DPM Metals in a report on Tuesday, July 14th. Jefferies Financial Group reaffirmed a “buy” rating on shares of DPM Metals in a research note on Monday, July 6th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, DPM Metals presently has a consensus 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.
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