Dolly Varden Silver Co. (CVE:DV) Director Sells C$92,446.72 in Stock

Dolly Varden Silver Co. (CVE:DV) Director Darren Devine sold 75,776 shares of the company’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of C$1.22, for a total transaction of C$92,446.72.

Dolly Varden Silver Stock Performance

Dolly Varden Silver stock opened at C$1.16 on Thursday. The firm has a market capitalization of C$364.61 million, a price-to-earnings ratio of -12.89 and a beta of 1.38. The firm’s fifty day moving average price is C$1.18 and its two-hundred day moving average price is C$1.10. Dolly Varden Silver Co. has a 1-year low of C$0.62 and a 1-year high of C$1.46.

Dolly Varden Silver (CVE:DV) last announced its quarterly earnings results 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). On average, research analysts forecast that Dolly Varden Silver Co. will post 0.01 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on DV shares. Raymond James boosted their target price on 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 Dolly Varden Silver to a “strong-buy” rating in a report on Thursday, August 15th.

Dolly Varden Silver Company Profile

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.