Jennifer Laura Wagner Sells 134,145 Shares of Discovery Silver (TSE:DSV) Stock

Discovery Silver Corp. (TSE:DSV) Director Jennifer Laura Wagner sold 134,145 shares of Discovery Silver stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of C$9.76, for a total value of C$1,309,255.20. Following the sale, the director directly owned 215,855 shares of the company’s stock, valued at C$2,106,744.80. This trade represents a 38.33% decrease in their ownership of the stock.

Discovery Silver Stock Up 7.1%

Shares of Discovery Silver stock opened at C$8.94 on Wednesday. Discovery Silver Corp. has a 52 week low of C$1.60 and a 52 week high of C$12.48. The firm’s 50 day moving average is C$9.75 and its two-hundred day moving average is C$7.84. The firm has a market capitalization of C$7.24 billion, a P/E ratio of 59.60 and a beta of 2.50.

Discovery Silver (TSE:DSV) last issued its earnings results on Thursday, February 19th. The company reported C$0.19 earnings per share (EPS) for the quarter. Discovery Silver had a net margin of 24.30% and a return on equity of 24.92%. The business had revenue of C$368.88 million during the quarter.

About Discovery Silver

Discovery Silver Corp is an exploration and development company building a large-scale, high-margin silver asset in Mexico. Its flagship project is the Cordero project, one of the few silver projects globally that offer margin, size, and scaleability. The project is located in a prolific mining belt in Chihuahua State, Mexico.