Discovery Silver (TSE:DSV) Stock Price Up 13.5% – Still a Buy?

Discovery Silver Corp. (TSE:DSV)’s stock price was up 13.5% during trading on Wednesday. The stock traded as high as C$10.94 and last traded at C$10.92. 1,294,473 shares were traded during mid-day trading, a decline of 55% from the average session volume of 2,886,639 shares. The stock had previously closed at C$9.62.

Discovery Silver Price Performance

The business has a fifty day moving average of C$11.80 and a 200 day moving average of C$9.99. The stock has a market cap of C$9.00 billion, a PE ratio of 34.53 and a beta of 2.69.

Discovery Silver (TSE:DSV) last posted its quarterly earnings data on Thursday, August 13th. The company reported C$0.16 earnings per share (EPS) for the quarter. Discovery Silver had a return on equity of 43.47% and a net margin of 21.59%. The company had revenue of C$453.36 million for the quarter.

Insider Buying and Selling

In related news, Director William Murray John sold 110,000 shares of the company’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of C$12.07, for a total value of C$1,327,700.00. Following the sale, the director directly owned 240,000 shares of the company’s stock, valued at C$2,896,800. This represents a 31.43% decrease in their ownership of the stock. Also, Director William M. Shaver purchased 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 13th. The stock was bought at an average cost of C$11.98 per share, for a total transaction of C$599,000.00. Following the completion of the acquisition, 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. 23.60% of the stock is currently owned by company insiders.

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.