Discovery Silver (TSE:DSV) Shares Climb 13.5% – Still a Buy?

Discovery Silver Corp. (TSE:DSV) was up 13.5% during trading on Wednesday. The stock traded as high as C$10.94 and last traded at C$10.92. Approximately 1,294,473 shares traded hands during trading, a decline of 55% from the average daily volume of 2,886,639 shares. The stock had previously closed at C$9.62.

Discovery Silver Trading Up 2.9%

The business’s 50 day moving average is C$11.73 and its 200 day moving average is C$10.01. The stock has a market capitalization of C$9.03 billion, a PE ratio of 34.66 and a beta of 2.69.

Discovery Silver (TSE:DSV) last posted its quarterly earnings data on Thursday, August 13th. The company reported C$0.16 earnings per share for the quarter. The company had revenue of C$453.36 million for the quarter. Discovery Silver had a net margin of 21.59% and a return on equity of 43.47%.

Insider Buying and Selling

In other Discovery Silver news, Director William Murray John sold 110,000 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of C$12.07, for a total value of C$1,327,700.00. Following the completion of the sale, the director directly owned 240,000 shares in the company, valued at C$2,896,800. This trade represents a 31.43% decrease in their ownership of the stock. Also, Director William M. Shaver purchased 50,000 shares of the business’s stock in a transaction on Tuesday, October 13th. The stock was purchased at an average cost of C$11.98 per share, for a total transaction of C$599,000.00. Following the completion of the acquisition, the director directly owned 50,000 shares of the company’s stock, valued at approximately C$599,000. The trade was a ∞ increase in their position. 23.60% of the stock is owned by insiders.

Discovery Silver Company Profile

Discovery is a growing precious metals company that is creating value for stakeholders through exposure to both gold and silver. The Company’s silver exposure comes from its first asset, the 100%-owned Cordero project, one of the world’s largest undeveloped silver deposits, which is located close to infrastructure in a prolific mining belt in Chihuahua State, Mexico. In April 2025, Discovery acquired the Porcupine Complex, transforming the Company into a new Canadian gold producer with multiple operations in one of the world’s most renowned gold camps in and near Timmins, Ontario.