Discovery Silver (TSE:DSV) Stock Price Down 2.1% – Here’s Why

Discovery Silver Corp. (TSE:DSVGet Free Report)’s stock price fell 2.1% during mid-day trading on Friday . The company traded as low as C$8.59 and last traded at C$8.65. Approximately 1,309,500 shares were traded during trading, a decline of 58% from the average session volume of 3,133,766 shares. The stock had previously closed at C$8.84.

Analyst Ratings Changes

Separately, Scotiabank upgraded Discovery Silver to a “strong-buy” rating in a research note on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, Discovery Silver currently has an average rating of “Strong Buy”.

Get Our Latest Research Report on Discovery Silver

Discovery Silver Stock Performance

The company has a market capitalization of C$7.01 billion, a PE ratio of 32.04 and a beta of 2.97. The company’s 50-day simple moving average is C$8.66 and its 200-day simple moving average is C$9.23.

Discovery Silver (TSE:DSVGet Free Report) last announced its earnings results on Thursday, May 14th. The company reported C$0.14 earnings per share for the quarter. Discovery Silver had a net margin of 20.03% and a return on equity of 40.33%. The business had revenue of C$396.28 million during the quarter.

Insiders Place Their Bets

In related news, insider Darin Matthew Smith acquired 35,000 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was bought at an average cost of C$7.99 per share, with a total value of C$279,650.00. Following the transaction, the insider owned 35,000 shares of the company’s stock, valued at C$279,650. The trade was a ∞ increase in their ownership of the stock. Insiders own 23.60% of the company’s stock.

About Discovery Silver

(Get Free Report)

Discovery is a growing precious metals company that is creating value for stakeholders through exposure to both gold and silver. The Company’s silver exposure comes from its first asset, the 100%-owned Cordero project, one of the world’s largest undeveloped silver deposits, which is located close to infrastructure in a prolific mining belt in Chihuahua State, Mexico. In April 2025, Discovery acquired the Porcupine Complex, transforming the Company into a new Canadian gold producer with multiple operations in one of the world’s most renowned gold camps in and near Timmins, Ontario.

Further Reading

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