Discovery Silver (TSE:DSV) Insider Darin Matthew Smith Buys 35,000 Shares

Discovery Silver Corp. (TSE:DSV) insider Darin Matthew Smith purchased 35,000 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was purchased at an average price of C$7.99 per share, with a total value of C$279,650.00. Following the acquisition, the insider directly owned 35,000 shares of the company’s stock, valued at C$279,650. This trade represents a ? increase in their position.

Discovery Silver Stock Performance

Shares of TSE DSV opened at C$7.81 on Tuesday. The firm has a market capitalization of C$6.33 billion, a price-to-earnings ratio of 28.93 and a beta of 2.84. The stock has a 50 day moving average price of C$9.17 and a 200 day moving average price of C$9.10. Discovery Silver Corp. has a 52-week low of C$2.71 and a 52-week high of C$12.48.

Discovery Silver (TSE:DSV) last issued its quarterly earnings data on Thursday, May 14th. The company reported C$0.14 EPS for the quarter. The company had revenue of C$396.28 million during the quarter. Discovery Silver had a net margin of 20.03% and a return on equity of 40.33%.

Analyst Upgrades and Downgrades

Separately, Scotiabank raised shares of 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, Based on data from MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

Discovery Silver Company Profile

Discovery Silver Corp is an exploration and development company building a large-scale, high-margin silver asset in Mexico. Its flagship project is the Cordero project, one of the few silver projects globally that offer margin, size, and scaleability. The project is located in a prolific mining belt in Chihuahua State, Mexico.