DPM Metals (OTCMKTS:DPMLF – Get Free Report) issued its earnings results on Thursday. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.12, Zacks reports. DPM Metals had a return on equity of 24.75% and a net margin of 44.92%.
DPM Metals Price Performance
OTCMKTS DPMLF traded up $2.28 on Thursday, hitting $37.26. 132,403 shares of the stock were exchanged, compared to its average volume of 65,064. DPM Metals has a 52-week low of $16.20 and a 52-week high of $46.28. The company has a market capitalization of $8.22 billion, a price-to-earnings ratio of 14.96 and a beta of 0.66. The company’s 50-day moving average price is $33.51 and its two-hundred day moving average price is $35.42.
Wall Street Analyst Weigh In
DPMLF has been the subject of several analyst reports. Scotiabank reaffirmed an “outperform” rating on shares of DPM Metals in a report on Tuesday, July 14th. Jefferies Financial Group restated a “buy” rating on shares of DPM Metals in a report on Monday, July 6th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy”.
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.
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