DPM Metals Inc. (OTCMKTS:DPMLF) Receives Average Recommendation of "Buy" from Analysts

Key Points

• Seven analysts give DPM Metals an average recommendation of Buy (2 hold, 3 buy, 2 strong buy), with recent notes ranging from Scotiabank's "outperform" to Zacks' downgrade to "hold".
• In the latest quarter DPM reported $0.77 EPS (missed by $0.02) and revenue of $352.43M (beat $308.77M); the stock trades near $33.43 with a 12‑month range of $12.50–$46.28, market cap ~$7.4B and a P/E of ~17.3.
• Dundee Precious Metals operates the high‑grade Chelopech gold‑copper‑silver mine in Bulgaria and is advancing the Krumovgrad gold project to diversify and extend production.

Shares of DPM Metals Inc. (OTCMKTS:DPMLF - Get Free Report) have been given an average recommendation of "Buy" by the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Two 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.

Several equities research analysts have commented on DPMLF shares. Scotiabank reiterated an "outperform" rating on shares of DPM Metals in a research note on Monday, January 26th. Zacks Research lowered DPM Metals from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 31st. Finally, Canadian Imperial Bank of Commerce reiterated a "neutral" rating on shares of DPM Metals in a research note on Wednesday, February 4th.

DPM Metals Trading Down 0.4%

OTCMKTS DPMLF opened at $33.43 on Friday. DPM Metals has a twelve month low of $12.50 and a twelve month high of $46.28. The stock has a 50-day moving average of $37.20 and a 200 day moving average of $32.31. The stock has a market capitalization of $7.40 billion, a price-to-earnings ratio of 17.32 and a beta of 0.65.

DPM Metals (OTCMKTS:DPMLF - Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.02). DPM Metals had a return on equity of 23.61% and a net margin of 38.85%.The firm had revenue of $352.43 million for the quarter, compared to analysts' expectations of $308.77 million. Equities analysts predict that DPM Metals will post 3.61 EPS for the current fiscal year.

About DPM Metals

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.