Discovery Silver (TSE:DSV) Raised to Strong-Buy at Scotiabank

Discovery Silver (TSE:DSV) was upgraded by analysts at Scotiabank to a “strong-buy” rating in a report issued 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 Trading Down 1.9%

Shares of TSE:DSV opened at C$9.63 on Tuesday. The firm has a market cap of C$7.80 billion, a price-to-earnings 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. The business has a fifty day simple moving average of C$9.72 and a 200 day simple moving average of C$7.86.

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

Insider Activity at Discovery Silver

In related news, Director Jennifer Laura Wagner sold 134,145 shares of the 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 value of C$1,309,255.20. Following the transaction, the director owned 215,855 shares in the company, valued at approximately C$2,106,744.80. This represents a 38.33% decrease in their ownership of the stock. Insiders own 23.60% of the company’s stock.

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.