Insider Selling: Dolly Varden Silver Co. (CVE:DV) Director Sells 250,000 Shares of Stock

Dolly Varden Silver Co. (CVE:DV) Director Robert John Mcleod sold 250,000 shares of the stock in a transaction on Monday, October 21st. The stock was sold at an average price of C$1.39, for a total transaction of C$346,925.00.

Dolly Varden Silver Trading Down 3.0 %

Shares of DV stock opened at C$1.31 on Thursday. Dolly Varden Silver Co. has a 12 month low of C$0.62 and a 12 month high of C$1.46. The firm has a market capitalization of C$411.76 million, a PE ratio of -14.56 and a beta of 1.38. The firm has a fifty day simple moving average of C$1.14 and a two-hundred day simple moving average of C$1.08.

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

Wall Street Analysts Forecast Growth

DV has been the topic of several research reports. Raymond James upped their price objective on shares of Dolly Varden Silver from C$1.25 to C$1.60 and gave the company an “outperform” rating in a report on Tuesday, October 1st. Haywood Securities upgraded Dolly Varden Silver to a “strong-buy” rating in a report on Thursday, August 15th.

About Dolly Varden Silver

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.