DPM Metals (OTCMKTS:DPMLF) Reaches New 52-Week High – What’s Next?

DPM Metals Inc. (OTCMKTS:DPMLFGet Free Report) shares hit a new 52-week high on Wednesday . The company traded as high as $47.50 and last traded at $47.50, with a volume of 706 shares trading hands. The stock had previously closed at $44.78.

Analyst Ratings Changes

A number of analysts have recently commented on DPMLF shares. Scotiabank restated an “outperform” rating on shares of DPM Metals in a report on Wednesday. Jefferies Financial Group reissued a “buy” rating on shares of DPM Metals in a research report on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on DPM Metals

DPM Metals Stock Up 1.5%

The stock has a market cap of $10.75 billion, a PE ratio of 16.13 and a beta of 0.65. The company’s fifty day moving average is $36.70 and its 200 day moving average is $36.22.

DPM Metals (OTCMKTS:DPMLFGet Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.12. DPM Metals had a net margin of 50.26% and a return on equity of 26.43%. The company had revenue of $361.54 million during the quarter, compared to analyst estimates of $372.74 million. Equities analysts expect that DPM Metals Inc. will post 3.31 EPS for the current year.

DPM Metals Company Profile

(Get Free Report)

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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