Discovery Silver (TSE:DSV) Reaches New 12-Month High – Should You Buy?

Shares of Discovery Silver Corp. (TSE:DSVGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$13.20 and last traded at C$13.04, with a volume of 386363 shares trading hands. The stock had previously closed at C$12.52.

Discovery Silver Trading Down 1.6%

The company has a 50 day moving average of C$10.10 and a 200 day moving average of C$9.46. The firm has a market cap of C$10.68 billion, a price-to-earnings ratio of 41.00 and a beta of 3.19.

Discovery Silver (TSE:DSVGet Free Report) last posted its earnings results on Thursday, August 13th. The company reported C$0.16 earnings per share (EPS) for the quarter. The firm had revenue of C$453.36 million during the quarter. Discovery Silver had a return on equity of 43.47% and a net margin of 21.59%.

Insider Transactions at Discovery Silver

In other Discovery Silver news, Director William Murray John sold 110,000 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of C$12.07, for a total value of C$1,327,700.00. Following the completion of the transaction, the director directly owned 240,000 shares in the company, valued at C$2,896,800. This trade represents a 31.43% decrease 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.

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