Discovery Silver Corp. (CVE:DSV – Get Free Report) Senior Officer Gernot Wober sold 165,962 shares of the firm’s stock in a transaction that occurred on Monday, April 21st. The stock was sold at an average price of C$2.80, for a total transaction of C$464,693.60.
Discovery Silver Stock Down 7.0 %
DSV stock opened at C$1.33 on Tuesday. The stock has a market capitalization of C$644.74 million and a P/E ratio of -34.35. The company has a debt-to-equity ratio of 0.29, a quick ratio of 18.89 and a current ratio of 5.96. Discovery Silver Corp. has a one year low of C$0.87 and a one year high of C$2.16. The company has a 50 day moving average price of C$1.33 and a two-hundred day moving average price of C$1.33.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets raised their price objective on shares of Discovery Silver from C$2.00 to C$4.00 in a research note on Thursday, April 17th.
About Discovery Silver
Discovery Silver Corp., a mineral exploration company, engages in the exploration and development of polymetallic deposits. The company's flagship property is the Cordero silver project, which covers an area of approximately 35,000 hectares located in the Chihuahua state, Mexico. It also holds option agreement to purchase 100% interest in the Puerto Rico, La Kika, Minerva, Monclova, and Santa Rosa projects in Mexico.
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