Discovery Silver Corp. (CVE:DSV) Director Moira Tracey Smith Purchases 350,000 Shares

Discovery Silver Corp. (CVE:DSV) Director Moira Tracey Smith purchased 350,000 shares of the stock in a transaction that occurred on Monday, April 21st. The shares were purchased at an average price of C$2.79 per share, with a total value of C$976,500.00.

Discovery Silver Trading Down 7.0 %

CVE DSV opened at C$1.33 on Wednesday. The stock has a market cap of C$644.74 million and a P/E ratio of -34.35. Discovery Silver Corp. has a fifty-two week low of C$0.87 and a fifty-two week high of C$2.16. The stock has a 50 day simple moving average of C$1.33 and a two-hundred day simple moving average of C$1.33. The company has a debt-to-equity ratio of 0.29, a quick ratio of 18.89 and a current ratio of 5.96.

Analyst Ratings Changes

Separately, BMO Capital Markets upped their price objective on shares of Discovery Silver from C$2.00 to C$4.00 in a research note on Thursday, April 17th.

About Discovery Silver

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.