DPM Metals (OTCMKTS:DPMLF) Shares Gap Up - What's Next?

Key Points

• DPM Metals gapped up pre-market from $30.46 to $31.40 and last traded at $31.81 on light volume (858 shares), although the stock was noted trading about 0.5% lower intraday.
• Analyst consensus: Buy — three analysts rate it Strong Buy, three rate it Buy and one rates it Hold, giving DPMLF an overall "Buy" consensus on MarketBeat.
• Latest quarter: EPS slightly missed ($0.77 vs. $0.79 est.) but revenue beat ($352.4M vs. $308.8M), with a 38.9% net margin and 23.6% ROE; analysts expect 1.52 EPS for the current year.

DPM Metals Inc. (OTCMKTS:DPMLF - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $30.4640, but opened at $31.3950. DPM Metals shares last traded at $31.81, with a volume of 858 shares trading hands.

Analyst Ratings Changes

A number of equities analysts have commented on DPMLF shares. National Bank Financial restated an "outperform" rating on shares of DPM Metals in a research note on Friday, December 5th. Scotiabank reaffirmed an "outperform" rating on shares of DPM Metals in a research note on Monday, January 26th. Zacks Research upgraded shares of DPM Metals from a "hold" rating to a "strong-buy" rating in a research note on Friday, November 28th. Finally, Canadian Imperial Bank of Commerce restated a "neutral" rating on shares of DPM Metals in a research report on Wednesday, February 4th. Three analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, DPM Metals currently has a consensus rating of "Buy".

DPM Metals Trading Down 0.5%

The company has a market capitalization of $7.05 billion and a price-to-earnings ratio of 16.46. The business's 50 day moving average price is $37.37 and its two-hundred day moving average price is $29.64.

DPM Metals (OTCMKTS:DPMLF - Get Free Report) last issued 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). The company had revenue of $352.43 million during the quarter, compared to the consensus estimate of $308.77 million. DPM Metals had a net margin of 38.85% and a return on equity of 23.61%. Analysts expect that DPM Metals Inc. will post 1.52 EPS for the current year.

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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