Discovery Silver (TSE:DSV) Upgraded at Scotiabank

Scotiabank upgraded shares of Discovery Silver (TSE:DSV) to a strong-buy rating in a research report sent to investors on Tuesday,Zacks.com reports. Scotiabank also issued estimates for Discovery Silver’s FY2026 earnings at $0.51 EPS and FY2027 earnings at $0.53 EPS.

Discovery Silver Price Performance

DSV stock opened at C$9.63 on Tuesday. The company’s 50-day moving average is C$9.72 and its 200-day moving average is C$7.86. The stock has a market capitalization of C$7.80 billion, a PE ratio of 64.20 and a beta of 2.50. Discovery Silver has a 1 year low of C$1.60 and a 1 year high of C$12.48.

Discovery Silver (TSE:DSV) last announced its quarterly earnings data on Thursday, February 19th. The company reported C$0.19 EPS for the quarter. The firm had revenue of C$368.88 million during the quarter. Discovery Silver had a return on equity of 24.80% and a net margin of 13.60%.

Insider Activity at Discovery Silver

In related news, Director Jennifer Laura Wagner sold 134,145 shares of the firm’s 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 transaction, the director directly owned 215,855 shares of the company’s stock, valued at C$2,106,744.80. This trade represents a 38.33% decrease in their ownership of the stock. 23.60% of the stock is currently owned by corporate insiders.

Discovery Silver Company Profile

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.