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

DPM Metals Inc. (OTCMKTS:DPMLF) has been assigned an average recommendation of “Buy” from the seven analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating, three have assigned a buy rating and three have given a strong buy rating to the company.

DPMLF has been the subject of several analyst reports. Stifel Canada upgraded DPM Metals to a “strong-buy” rating in a research note on Thursday, September 4th. National Bankshares restated an “outperform” rating on shares of DPM Metals in a research report on Wednesday, July 16th. Scotiabank reaffirmed an “outperform” rating on shares of DPM Metals in a report on Thursday, October 23rd. Macquarie upgraded shares of DPM Metals to a “strong-buy” rating in a research note on Wednesday, September 17th. Finally, CIBC restated a “neutral” rating on shares of DPM Metals in a research report on Wednesday, October 1st.

DPM Metals Stock Up 3.2%

DPMLF opened at $23.23 on Friday. DPM Metals has a 52 week low of $8.65 and a 52 week high of $26.76. The business has a 50 day moving average price of $22.23 and a two-hundred day moving average price of $18.17. The company has a market cap of $3.88 billion, a PE ratio of 16.59 and a beta of 0.66.

DPM Metals Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a $0.04 dividend. This represents a dividend yield of 72.0%. The ex-dividend date of this dividend was Monday, September 29th. DPM Metals’s dividend payout ratio (DPR) is currently 11.43%.

DPM Metals Company Profile

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.