Discovery Metals (CVE:DSV) Reaches New 1-Year High at $1.06

Discovery Metals Corp (CVE:DSV) shares reached a new 52-week high on Monday . The company traded as high as C$1.06 and last traded at C$1.02, with a volume of 673478 shares trading hands. The stock had previously closed at C$0.96.

The stock has a fifty day moving average price of C$0.77 and a two-hundred day moving average price of C$0.57. The company has a market cap of $254.43 million and a P/E ratio of -11.67. The company has a debt-to-equity ratio of 0.26, a current ratio of 26.36 and a quick ratio of 26.14.

In related news, Director Mark Gerard O’dea sold 500,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of C$0.81, for a total transaction of C$404,150.00. Following the sale, the director now owns 5,500,000 shares of the company’s stock, valued at C$4,445,650.

About Discovery Metals (CVE:DSV)

Discovery Metals Corp., a mineral exploration company, engages in the exploration and development of polymetallic deposits primarily in Mexico. The company explores for silver, zinc, and lead deposits. It has a portfolio of seven principal properties with a land package of approximately 3000 square kilometers located in Coahuila State.

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