Discovery Silver (CVE:DSV) Given a C$4.00 Price Target by National Bankshares Analysts

National Bankshares set a C$4.00 target price on Discovery Silver (CVE:DSV) in a report issued on Friday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Separately, BMO Capital Markets lifted their price objective on Discovery Silver from C$2.00 to C$4.00 in a report on Thursday, April 17th.

Discovery Silver Price Performance

CVE:DSV opened at C$1.33 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 18.89 and a current ratio of 5.96. The company has a 50-day moving average of C$1.33 and a 200-day moving average of C$1.33. Discovery Silver has a 52 week low of C$0.87 and a 52 week high of C$2.16. The company has a market capitalization of C$644.74 million and a price-to-earnings ratio of -34.35.

Insider Transactions at Discovery Silver

In other Discovery Silver news, Director William Murray John purchased 70,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 29th. The stock was purchased at an average cost of C$2.61 per share, with a total value of C$183,015.00. Also, Senior Officer Forbes Gemmell sold 30,272 shares of the business’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of C$1.58, for a total value of C$47,829.76. In the last quarter, insiders have sold 949,255 shares of company stock valued at $1,789,330.

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.