Insider Selling: Dolly Varden Silver Co. (CVE:DV) Director Sells 12,500 Shares of Stock

Dolly Varden Silver Co. (CVE:DV) Director James Anthony Sabala sold 12,500 shares of the business’s stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of C$1.27, for a total value of C$15,887.50.

Dolly Varden Silver Stock Performance

CVE DV opened at C$1.34 on Friday. The stock has a market capitalization of C$421.19 million, a PE ratio of -14.89 and a beta of 1.38. The stock has a 50-day simple moving average of C$1.12 and a 200 day simple moving average of C$1.08. Dolly Varden Silver Co. has a twelve month low of C$0.62 and a twelve month high of C$1.46.

Dolly Varden Silver (CVE:DV) last posted its quarterly earnings data on Thursday, August 22nd. The company reported C($0.03) earnings per share for the quarter, missing the consensus estimate of C($0.02) by C($0.01). As a group, equities research analysts forecast that Dolly Varden Silver Co. will post 0.01 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DV. Raymond James lifted their price target on shares of Dolly Varden Silver from C$1.25 to C$1.60 and gave the company an “outperform” rating in a research report on Tuesday, October 1st. Haywood Securities upgraded shares of Dolly Varden Silver to a “strong-buy” rating in a report on Thursday, August 15th.

About Dolly Varden Silver

Dolly Varden Silver Corporation engages in the acquisition and exploration of mineral properties in Canada. It explores for gold, silver, lead, zinc, and copper deposits. The company holds 100% interests in the Kitsault Valley project, which comprises the Dolly Varden property and the Homestake Ridge property located in the Golden Triangle of British Columbia, Canada; and the Big Bulk property located in Canada.