Dolly Varden Silver (CVE:DV) Trading Down 1%

Dolly Varden Silver Co. (CVE:DVGet Free Report) shares dropped 1% during mid-day trading on Wednesday . The stock traded as low as C$0.99 and last traded at C$1.00. Approximately 403,320 shares traded hands during trading, an increase of 51% from the average daily volume of 267,171 shares. The stock had previously closed at C$1.01.

Wall Street Analyst Weigh In

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

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Dolly Varden Silver Trading Down 2.0 %

The stock has a market cap of C$280.53 million, a PE ratio of -10.56 and a beta of 1.38. The business has a 50-day moving average price of C$1.07 and a 200-day moving average price of C$0.99.

Dolly Varden Silver (CVE:DVGet Free Report) last announced its earnings results on Thursday, August 22nd. The company reported C($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.02) by C($0.01). Equities analysts expect that Dolly Varden Silver Co. will post 0.01 earnings per share for the current year.

Dolly Varden Silver Company Profile

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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.

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