Discovery Silver Corp. (CVE:DSV) Insider 2176423 Ontario Ltd. Buys 388,500 Shares

Discovery Silver Corp. (CVE:DSV) insider 2176423 Ontario Ltd. purchased 388,500 shares of the firm’s stock in a transaction dated Monday, April 15th. The shares were bought at an average price of C$0.90 per share, for a total transaction of C$349,650.00.

Discovery Silver Stock Down 7.0 %

DSV stock opened at C$1.33 on Friday. The company has a current ratio of 18.98, a quick ratio of 18.89 and a debt-to-equity ratio of 0.53. The company’s 50 day moving average is C$1.33 and its 200 day moving average is C$1.33. The stock has a market cap of C$467.15 million and a price-to-earnings ratio of -11.57. Discovery Silver Corp. has a 1-year low of C$0.87 and a 1-year high of C$2.16.

Wall Street Analyst Weigh In

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

About Discovery Silver

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.