Discovery Silver (TSE:DSV) Posts Earnings Results

Discovery Silver (TSE:DSV) issued its quarterly earnings results on Thursday. The company reported C$0.19 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$368.88 million during the quarter.

Discovery Silver Stock Performance

Shares of Discovery Silver stock traded down C$0.09 during trading on Thursday, reaching C$9.72. The company had a trading volume of 603,729 shares, compared to its average volume of 3,752,829. Discovery Silver has a fifty-two week low of C$1.39 and a fifty-two week high of C$12.48. The firm’s fifty day moving average is C$9.44 and its 200-day moving average is C$6.74. The company has a market cap of C$7.84 billion, a price-to-earnings ratio of 215.23 and a beta of 2.79.

Insider Transactions at Discovery Silver

In other Discovery Silver news, insider Forbes Gemmell sold 300,000 shares of Discovery Silver stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of C$8.90, for a total value of C$2,670,000.00. Following the completion of the transaction, the insider owned 566,157 shares of the company’s stock, valued at C$5,038,797.30. The trade was a 34.64% decrease in their ownership of the stock. 23.60% of the stock is owned by insiders.

Discovery Silver Company Profile

Discovery Silver Corp is an exploration and development company building a large-scale, high-margin silver asset in Mexico. Its flagship project is the Cordero project, one of the few silver projects globally that offer margin, size, and scaleability. The project is located in a prolific mining belt in Chihuahua State, Mexico.