Insider Selling: Discovery Silver Corp. (CVE:DSV) Senior Officer Sells 107,500 Shares of Stock

Discovery Silver Corp. (CVE:DSV) Senior Officer Gernot Wober sold 107,500 shares of the stock in a transaction on Friday, April 12th. The shares were sold at an average price of C$0.98, for a total transaction of C$105,350.00.

Discovery Silver Stock Down 7.0 %

Shares of CVE DSV opened at C$1.33 on Wednesday. Discovery Silver Corp. has a 52-week low of C$0.87 and a 52-week high of C$2.16. The stock has a market cap of C$467.15 million and a PE ratio of -11.57. The business has a fifty day moving average of C$1.33 and a two-hundred day moving average of C$1.33. The company has a debt-to-equity ratio of 0.53, a quick ratio of 18.89 and a current ratio of 18.98.

Analysts Set New Price Targets

Separately, Eight Capital lowered their price objective on Discovery Silver from C$3.30 to C$2.65 in a research report on Monday, February 26th.

Discovery Silver Company Profile

Discovery Silver Corp., a mineral exploration company, engages in the exploration and development of polymetallic deposits. The company's flagship property is the Cordero silver project, which covers an area of approximately 35,000 hectares located in the Chihuahua state, Mexico. It also holds option agreement to purchase 100% interest in the Puerto Rico, La Kika, Minerva, Monclova, and Santa Rosa projects in Mexico.