Discovery Silver (CVE:DSV) Price Target Raised to C$6.00 at Cormark

Discovery Silver (CVE:DSV) had its price target increased by Cormark from C$5.00 to C$6.00 in a report released on Tuesday,BayStreet.CA reports.

Discovery Silver Price Performance

Discovery Silver stock opened at C$1.33 on Tuesday. The firm’s 50-day simple moving average is C$1.33 and its 200 day simple moving average is C$1.33. Discovery Silver has a 52 week low of C$0.87 and a 52 week high of C$2.16. The firm has a market capitalization of C$644.74 million and a PE ratio of -34.35. The company has a quick ratio of 18.89, a current ratio of 5.96 and a debt-to-equity ratio of 0.29.

Insider Activity at Discovery Silver

In other news, insider 2176423 Ontario Ltd. sold 19,200,200 shares of the company’s stock in a transaction dated Friday, June 20th. The shares were sold at an average price of C$3.26, for a total transaction of C$62,650,252.60.

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.