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

Dolly Varden Silver Co. (CVE:DV) 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.

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:DV) 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

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.