Raymond James Raises Dolly Varden Silver (CVE:DV) Price Target to C$1.60

Dolly Varden Silver (CVE:DV) had its price objective boosted by Raymond James from C$1.25 to C$1.60 in a report issued on Tuesday morning, BayStreet.CA reports. Raymond James currently has an outperform rating on the stock. Raymond James also issued estimates for Dolly Varden Silver’s FY2024 earnings at ($0.07) EPS, Q1 2025 earnings at $0.00 EPS, Q2 2025 earnings at ($0.03) EPS, Q3 2025 earnings at ($0.03) EPS, Q4 2025 earnings at ($0.01) EPS and FY2025 earnings at ($0.06) EPS.

Separately, Haywood Securities upgraded Dolly Varden Silver to a strong-buy rating in a research note on Thursday, August 15th.

Dolly Varden Silver Price Performance

DV stock opened at C$1.17 on Tuesday. Dolly Varden Silver has a 12 month low of C$0.62 and a 12 month high of C$1.29. The company has a fifty day moving average price of C$1.07 and a 200 day moving average price of C$1.04. The company has a market cap of C$361.99 million, a price-to-earnings ratio of -12.94 and a beta of 1.37.

Dolly Varden Silver (CVE:DV) last released its quarterly earnings data on Thursday, August 22nd. The company reported C($0.03) EPS for the quarter, missing analysts’ consensus estimates of C($0.02) by C($0.01). As a group, analysts anticipate that Dolly Varden Silver will post 0.01 earnings per share for the current year.

Dolly Varden Silver Company Profile

Dolly Varden Silver Corporation engages in the acquisition and exploration of mineral properties in Canada. It explores for gold, silver, lead, zinc, and copper deposits. The company holds 100% interests in the Kitsault Valley project, which comprises the Dolly Varden property and the Homestake Ridge property located in the Golden Triangle of British Columbia, Canada; and the Big Bulk property located in Canada.