Discovery Silver Corp. (CVE:DSV – Get Free Report)’s stock price was down 7% on Thursday . The company traded as low as C$1.33 and last traded at C$1.33. Approximately 392,989 shares changed hands during trading, an increase of 64% from the average daily volume of 239,627 shares. The stock had previously closed at C$1.43.
Analysts Set New Price Targets
Separately, Eight Capital boosted their price objective on shares of Discovery Silver from C$2.65 to C$2.70 in a report on Thursday, July 11th.
View Our Latest Analysis on Discovery Silver
Discovery Silver Stock Performance
Insider Buying and Selling
In other news, Senior Officer Gernot Wober sold 40,000 shares of the company’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of C$1.06, for a total transaction of C$42,400.00. In related news, Senior Officer Andreas L’abbe sold 350,000 shares of the company’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of C$1.05, for a total value of C$367,500.00. Also, Senior Officer Gernot Wober sold 40,000 shares of the business’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of C$1.06, for a total value of C$42,400.00. Insiders sold 571,253 shares of company stock valued at $598,371 over the last 90 days.
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.
See Also
- Five stocks we like better than Discovery Silver
- Buy P&G Now, Before It Sets A New All-Time High
- Owens-Corning Stock: Good Value or Recession Red Flag?
- What is a SEC Filing?
- Datadog Exceeds Q2 Expectations, Solidifies Market Leadership
- What is the S&P/TSX Index?
- Cybersecurity Stock Surges, Promising Double-Digit Gains
Receive News & Ratings for Discovery Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Discovery Silver and related companies with MarketBeat.com's FREE daily email newsletter.