Scotiabank Reduces Earnings Estimates for Discovery Silver

Discovery Silver Corp. (TSE:DSV) – Scotiabank decreased their FY2026 earnings per share estimates for Discovery Silver in a report released on Wednesday, May 20th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $0.36 for the year, down from their prior estimate of $0.37. Scotiabank currently has a “Strong-Buy” rating on the stock.

Discovery Silver Stock Performance

DSV stock opened at C$8.68 on Thursday. Discovery Silver has a 1 year low of C$2.71 and a 1 year high of C$12.48. The firm has a market cap of C$7.04 billion, a P/E ratio of 32.15 and a beta of 2.89. The stock has a 50-day simple moving average of C$9.25 and a 200-day simple moving average of C$8.89.

Discovery Silver (TSE:DSV) last posted its earnings results on Thursday, May 14th. The company reported C$0.14 earnings per share (EPS) for the quarter. Discovery Silver had a return on equity of 36.88% and a net margin of 20.03%.The business had revenue of C$396.28 million during the quarter.

Insiders Place Their Bets

In other Discovery Silver news, Director Jennifer Laura Wagner sold 134,145 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of C$9.76, for a total transaction of C$1,309,255.20. Following the completion of the sale, the director owned 215,855 shares in the company, valued at C$2,106,744.80. This trade represents a 38.33% decrease in their position. 23.60% of the stock is currently owned by company insiders.

About Discovery Silver

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.