Dolly Varden Silver (CVE:DV) Trading Down 1%

Dolly Varden Silver Co. (CVE:DV) fell 1% during trading on Wednesday . The stock traded as low as C$0.99 and last traded at C$1.00. 403,320 shares were traded during trading, an increase of 51% from the average session volume of 267,171 shares. The stock had previously closed at C$1.01.

Analysts Set New Price Targets

Separately, Haywood Securities raised Dolly Varden Silver to a “strong-buy” rating in a research note on Thursday, August 15th.

Dolly Varden Silver Stock Down 2.0 %

The business has a fifty day simple moving average of C$1.07 and a 200-day simple moving average of C$0.99. The firm has a market cap of C$280.53 million, a P/E ratio of -10.56 and a beta of 1.38.

Dolly Varden Silver (CVE:DV) last announced its quarterly earnings results on Thursday, August 22nd. The company reported C($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.02) by C($0.01). On average, sell-side analysts anticipate that Dolly Varden Silver Co. will post 0.01 EPS for the current fiscal year.

Dolly Varden Silver Company Profile

Dolly Varden Silver Corporation engages in the acquisition and exploration of mineral properties in Canada. It explores for gold, silver, lead, zinc, and copper deposits. The company holds 100% interests in the Kitsault Valley project, which comprises the Dolly Varden property and the Homestake Ridge property located in the Golden Triangle of British Columbia, Canada; and the Big Bulk property located in Canada.