Discovery Silver Corp. (CVE:DSV) Director Buys C$976,500.00 in Stock

Discovery Silver Corp. (CVE:DSV) Director Moira Tracey Smith purchased 350,000 shares of the stock in a transaction that occurred on Monday, April 21st. The stock was bought at an average price of C$2.79 per share, with a total value of C$976,500.00.

Discovery Silver Trading Down 7.0 %

CVE:DSV opened at C$1.33 on Tuesday. Discovery Silver Corp. has a one year low of C$0.87 and a one year high of C$2.16. The business’s 50-day simple moving average is C$1.33 and its 200 day simple moving average is C$1.33. The company has a debt-to-equity ratio of 0.29, a quick ratio of 18.89 and a current ratio of 5.96. The stock has a market cap of C$644.74 million and a price-to-earnings ratio of -34.35.

Analyst Ratings Changes

Separately, BMO Capital Markets upped their target price on shares of Discovery Silver from C$2.00 to C$4.00 in a research note on Thursday, April 17th.

Discovery Silver Company Profile

Discovery Silver Corp., a mineral exploration company, engages in the exploration and development of polymetallic deposits. The company's flagship property is the Cordero silver project, which covers an area of approximately 35,000 hectares located in the Chihuahua state, Mexico. It also holds option agreement to purchase 100% interest in the Puerto Rico, La Kika, Minerva, Monclova, and Santa Rosa projects in Mexico.