DPM Metals: Record Free Cash Flow In Q1 2026 And Good Value Following Recent Drawdown

DPM Metals (DPM:CA) delivered another strong quarter in Q1 2026, with adjusted EBITDA of $214M and free cash flow of $203M. Production growth is expected in 2026 and 2027 as Vareš ramps up and Čoka Rakita advances, both fully funded by robust liquidity. Shares offer a compelling 12% free cash flow yield, supported by $6.6B enterprise value and $800M annual free cash flow at current metal prices.