What is Scotiabank’s Estimate for TSE:DSV FY2027 Earnings?

Discovery Silver Corp. (TSE:DSV) – Equities research analysts at Scotiabank lifted their FY2027 earnings per share estimates for Discovery Silver in a research note issued on Wednesday, May 20th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $0.53 per share for the year, up from their prior forecast of $0.51. Scotiabank currently has a “Strong-Buy” rating on the stock.

Discovery Silver (TSE:DSV) last announced 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 for the quarter.

Discovery Silver Stock Performance

Shares of TSE DSV opened at C$8.48 on Friday. 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$6.88 billion, a price-to-earnings ratio of 31.41 and a beta of 2.89. The stock’s 50-day simple moving average is C$9.21 and its 200-day simple moving average is C$8.91.

Insider Activity

In other news, Director Jennifer Laura Wagner sold 134,145 shares of Discovery Silver stock in a transaction dated 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 sale, the director directly owned 215,855 shares of the company’s stock, valued at approximately C$2,106,744.80. The trade was a 38.33% decrease in their ownership of the stock. Insiders own 23.60% of the company’s stock.

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.