Discovery Silver Corp. (CVE:DSV) Director Sells C$92,000.00 in Stock

Discovery Silver Corp. (CVE:DSV) Director Jeffrey Scott Parr sold 100,000 shares of the stock in a transaction on Monday, April 29th. The shares were sold at an average price of C$0.92, for a total transaction of C$92,000.00.

Discovery Silver Trading Down 7.0 %

DSV stock opened at C$1.33 on Tuesday. The company has a market capitalization of C$467.15 million and a PE ratio of -11.57. Discovery Silver Corp. has a 12 month low of C$0.87 and a 12 month high of C$2.16. The firm’s 50-day moving average is C$1.33 and its 200 day moving average is C$1.33. The company has a debt-to-equity ratio of 0.53, a current ratio of 18.98 and a quick ratio of 18.89.

Wall Street Analysts Forecast Growth

Separately, Eight Capital reduced their price target on shares of Discovery Silver from C$3.30 to C$2.65 in a research note 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.