Insider Selling: Discovery Silver (TSE:DSV) Director Sells C$1,309,255.20 in Stock

Discovery Silver Corp. (TSE:DSV) Director Jennifer Laura Wagner sold 134,145 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of C$9.76, for a total transaction of C$1,309,255.20. Following the sale, the director directly owned 215,855 shares in the company, valued at C$2,106,744.80. This trade represents a 38.33% decrease in their ownership of the stock.

Discovery Silver Stock Performance

Shares of Discovery Silver stock opened at C$9.82 on Thursday. The stock has a market capitalization of C$7.96 billion, a PE ratio of 65.47 and a beta of 2.50. Discovery Silver Corp. has a 52-week low of C$1.60 and a 52-week high of C$12.48. The company has a 50-day simple moving average of C$9.75 and a two-hundred day simple moving average of C$7.85.

Discovery Silver (TSE:DSV) last posted its quarterly earnings results on Thursday, February 19th. The company reported C$0.19 EPS for the quarter. The firm had revenue of C$368.88 million for the quarter. Discovery Silver had a net margin of 16.33% and a return on equity of 29.78%.

About Discovery Silver

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.