DPM Metals Inc. (OTCMKTS:DPMLF) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Shares of DPM Metals Inc. (OTCMKTS:DPMLF) have been assigned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.

A number of brokerages have recently commented on DPMLF. Jefferies Financial Group reissued a “buy” rating on shares of DPM Metals in a research note on Monday, July 6th. Scotiabank reaffirmed an “outperform” rating on shares of DPM Metals in a research report on Wednesday, August 19th. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of DPM Metals in a research note on Wednesday, September 9th.

DPM Metals Stock Down 3.1%

OTCMKTS:DPMLF opened at $38.74 on Tuesday. The company has a market cap of $8.49 billion, a P/E ratio of 12.74 and a beta of 0.70. The firm’s 50 day moving average is $43.33 and its two-hundred day moving average is $37.43. DPM Metals has a fifty-two week low of $20.45 and a fifty-two week high of $52.37.

DPM Metals (OTCMKTS:DPMLF) last issued its earnings results on Thursday, July 30th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.12. The business had revenue of $361.54 million for the quarter, compared to analyst estimates of $372.74 million. DPM Metals had a return on equity of 25.66% and a net margin of 50.26%. Research analysts forecast that DPM Metals will post 3.31 earnings per share for the current fiscal year.

DPM Metals Company Profile

Dundee Precious Metals Inc, traded over the counter under the symbol DPMLF, is a Canadian-based mining company focused on the acquisition, development and operation of precious-metals properties. Its primary products are gold and copper, with activities spanning mine production, mineral exploration and related processing operations.

The company operates the Chelopech underground copper-gold mine and the Ada Tepe open-pit gold mine in Bulgaria. Chelopech produces gold and copper concentrates, while Ada Tepe is a gold-focused operation.