DPM Metals Inc. (OTCMKTS:DPMLF) Given Consensus Recommendation of “Buy” by Brokerages

DPM Metals Inc. (OTCMKTS:DPMLFGet Free Report) has received an average recommendation of “Buy” from the seven research firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and three have assigned a strong buy rating to the company.

A number of brokerages recently commented on DPMLF. Scotiabank restated an “outperform” rating on shares of DPM Metals in a research note on Thursday, September 4th. National Bankshares restated an “outperform” rating on shares of DPM Metals in a research note on Wednesday, July 16th. Macquarie upgraded shares of DPM Metals to a “strong-buy” rating in a research note on Wednesday, September 17th. Royal Bank Of Canada upgraded shares of DPM Metals to a “moderate buy” rating in a research note on Wednesday, September 10th. Finally, Stifel Canada upgraded shares of DPM Metals to a “strong-buy” rating in a research note on Thursday, September 4th.

Read Our Latest Stock Report on DPMLF

DPM Metals Trading Up 2.6%

DPMLF opened at $24.10 on Tuesday. DPM Metals has a twelve month low of $8.65 and a twelve month high of $24.62. The company’s 50-day moving average price is $20.23 and its two-hundred day moving average price is $16.75.

DPM Metals (OTCMKTS:DPMLFGet Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.52 EPS for the quarter, meeting analysts’ consensus estimates of $0.52. The company had revenue of $178.30 million for the quarter, compared to analysts’ expectations of $177.36 million. DPM Metals had a net margin of 37.07% and a return on equity of 21.68%. Sell-side analysts expect that DPM Metals will post 1.52 EPS for the current fiscal year.

DPM Metals Announces Dividend

The company also recently announced a dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a dividend of $0.04 per share. This represents a yield of 72.0%. The ex-dividend date of this dividend is Monday, September 29th. DPM Metals’s dividend payout ratio is 11.43%.

DPM Metals Company Profile

(Get Free Report)

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.

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Analyst Recommendations for DPM Metals (OTCMKTS:DPMLF)

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