Discovery Silver (CVE:DSV) Trading Down 7% – Time to Sell?

Posted by on Jun 5th, 2026

Discovery Silver Corp. (CVE:DSV – Get Free Report) shares dropped 7% during trading on Wednesday . The stock traded as low as C$1.33 and last traded at C$1.33. Approximately 392,990 shares were traded during mid-day trading, an increase of 64% from the average daily volume of 239,627 shares. The stock had previously closed at C$1.43.

Analysts Set New Price Targets

Separately, Scotiabank set a C$15.00 price target on Discovery Silver and gave the stock an “outperform” rating in a research report on Wednesday, April 1st. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Discovery Silver currently has an average rating of “Buy” and an average target price of C$10.06.

Get Our Latest Analysis on DSV

Discovery Silver Stock Down 7.0%

The company has a 50-day simple moving average of C$1.33 and a 200-day simple moving average of C$1.33. The firm has a market cap of C$644.74 million and a PE ratio of -34.35. The company has a debt-to-equity ratio of 0.04, a current ratio of 41.84 and a quick ratio of 18.89.

Discovery Silver Company Profile

(Get Free Report)

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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