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DPM Metals downgraded to Neutral at Macquarie after three-year outlook released

As previously reported, Macquarie analyst Adam Baker downgraded DPM Metals (DPMLF) to Neutral from Outperform with a C$55 price target After incorporating the company’s three-year outlook and updated Chelopech life of mine plans, the firm reduced its earnings forecasts in calendar years 2026-30 by 9%-20% on lower production and higher costs, the analyst tells investors.

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