Discovery Silver Corp. (CVE:DSV – Get Free Report) was down 7% during trading on Wednesday. The company traded as low as C$1.33 and last traded at C$1.33. 392,990 shares were traded during mid-day trading, an increase of 64% from the average session volume of 239,627 shares. The stock had previously closed at C$1.43.
Discovery Silver Stock Down 7.0%
The company’s 50 day moving average is C$1.33 and its 200 day moving average is C$1.33. The company has a market cap of C$644.74 million and a PE ratio of -34.35. The company has a current ratio of 41.84, a quick ratio of 18.89 and a debt-to-equity ratio of 0.04.
Discovery Silver Company Profile
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. The company was formerly known as Discovery Metals Corp. and changed its name to Discovery Silver Corp.
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