DPM Metals Inc. (OTCMKTS:DPMLF) Stock Rated "Moderate Buy" by Wall Street Brokerages

Key Points

• DPM Metals has a consensus “Moderate Buy” rating from five analysts: three recommend buying the stock, while two maintain hold ratings.
• The company reported quarterly EPS of $0.95, beating analyst expectations of $0.83, although revenue of $361.54 million fell short of the $372.74 million estimate.
• Shares opened at $40.17, with a market capitalization of approximately $8.81 billion and a 52-week trading range of $20.45 to $52.37.

Shares of DPM Metals Inc. (OTCMKTS:DPMLF - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the five brokerages that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

A number of equities research analysts have recently issued reports on DPMLF shares. Canadian Imperial Bank of Commerce reissued a "neutral" rating on shares of DPM Metals in a research note on Wednesday, September 9th. Scotiabank reaffirmed an "outperform" rating on shares of DPM Metals in a research report on Wednesday, August 19th. Finally, Jefferies Financial Group restated a "buy" rating on shares of DPM Metals in a research note on Monday, July 6th.

DPM Metals Price Performance

OTCMKTS:DPMLF opened at $40.17 on Friday. The company's 50-day moving average is $43.41 and its two-hundred day moving average is $38.12. DPM Metals has a 1-year low of $20.45 and a 1-year high of $52.37. The firm has a market capitalization of $8.81 billion, a price-to-earnings ratio of 13.21 and a beta of 0.70.

DPM Metals (OTCMKTS:DPMLF - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.83 by $0.12. The firm had revenue of $361.54 million for the quarter, compared to analyst estimates of $372.74 million. DPM Metals had a net margin of 50.26% and a return on equity of 25.66%. As a group, equities analysts anticipate that DPM Metals will post 3.28 earnings per share for the current fiscal year.

About DPM Metals

DPM Metals, traded on the OTC market under the symbol DPMLF, is a precious-metals mining company focused primarily on the exploration, development and operation of gold-producing assets. The company is associated with Dundee Precious Metals and has historically produced gold and copper, with its activities centered on mining, mineral processing and related infrastructure.

DPM's principal operating assets have included the Chelopech underground mine and processing facility and the Ada Tepe open-pit mine in Bulgaria.

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