Discovery Silver (CVE:DSV – Free Report) had its price objective lifted by Cormark from C$5.00 to C$6.00 in a report released on Tuesday morning,BayStreet.CA reports.
Discovery Silver Price Performance
Shares of CVE:DSV opened at C$1.33 on Tuesday. The stock has a market cap of C$644.74 million and a price-to-earnings ratio of -34.35. The company has a debt-to-equity ratio of 0.29, a current ratio of 5.96 and a quick ratio of 18.89. Discovery Silver has a 12 month low of C$0.87 and a 12 month high of C$2.16. The stock’s 50 day moving average price is C$1.33 and its 200 day moving average price is C$1.33.
Insider Buying and Selling at Discovery Silver
In related news, insider 2176423 Ontario Ltd. sold 1,409,800 shares of the firm’s stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of C$3.54, for a total transaction of C$4,996,331.20.
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.
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