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

Shares of DPM Metals Inc. (OTCMKTS:DPMLF) have received an average rating of “Buy” from the seven research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation, three have given a buy recommendation and three have issued a strong buy recommendation on the company.

A number of research analysts have weighed in on DPMLF shares. Scotiabank restated an “outperform” rating on shares of DPM Metals in a report on Thursday, October 23rd. Royal Bank Of Canada upgraded shares of DPM Metals to a “moderate buy” rating in a research report on Wednesday, September 10th. CIBC reaffirmed a “neutral” rating on shares of DPM Metals in a research note on Wednesday, October 1st. Macquarie raised shares of DPM Metals to a “strong-buy” rating in a research note on Wednesday, September 17th. Finally, Stifel Canada upgraded DPM Metals to a “strong-buy” rating in a report on Thursday, September 4th.

DPM Metals Trading Up 4.2%

DPMLF stock opened at $23.92 on Friday. DPM Metals has a 12-month low of $8.65 and a 12-month high of $26.76. The business’s 50-day moving average is $22.39 and its 200 day moving average is $18.28. The stock has a market cap of $3.99 billion, a price-to-earnings ratio of 17.09 and a beta of 0.66.

DPM Metals (OTCMKTS:DPMLF) last announced its earnings results on Thursday, November 13th. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.15. DPM Metals had a return on equity of 21.68% and a net margin of 37.07%. As a group, equities analysts forecast that DPM Metals will post 1.52 EPS for the current fiscal year.

DPM Metals Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Monday, September 29th. This represents a yield of 72.0%. DPM Metals’s payout ratio is 11.43%.

DPM Metals Company Profile

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.