Insider Buying: Discovery Silver (TSE:DSV) Director Purchases C$599,000.00 in Stock

Discovery Silver Corp. (TSE:DSV) Director William Shaver purchased 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 13th. The shares were purchased at an average cost of C$11.98 per share, for a total transaction of C$599,000.00. Following the completion of the transaction, the director directly owned 50,000 shares of the company’s stock, valued at C$599,000. This represents a ? increase in their ownership of the stock.

Discovery Silver Stock Performance

TSE:DSV traded down C$0.98 during trading on Wednesday, reaching C$11.14. The company’s stock had a trading volume of 1,831,270 shares, compared to its average volume of 2,940,602. The firm has a market cap of C$9.07 billion, a price-to-earnings ratio of 34.81 and a beta of 2.90. The firm has a 50 day moving average of C$12.02 and a 200-day moving average of C$9.97. Discovery Silver Corp. has a 12 month low of C$4.58 and a 12 month high of C$13.43.

Discovery Silver (TSE:DSV) last announced 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%.

Discovery Silver Company Profile

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.