Discovery Silver Corp. (CVE:DSV) Senior Officer Forbes Gemmell Sells 95,000 Shares

Discovery Silver Corp. (CVE:DSV) Senior Officer Forbes Gemmell sold 95,000 shares of the stock in a transaction on Wednesday, October 23rd. The shares were sold at an average price of C$1.03, for a total transaction of C$97,850.00.

Discovery Silver Trading Down 7.0 %

CVE:DSV traded down C$0.10 during midday trading on Friday, reaching C$1.33. 392,990 shares of the stock traded hands, compared to its average volume of 239,627. The stock has a market capitalization of C$467.15 million and a P/E ratio of -11.57. The company has a debt-to-equity ratio of 0.53, a quick ratio of 18.89 and a current ratio of 18.98. The company has a fifty day moving average of C$1.33 and a 200 day moving average of C$1.33. Discovery Silver Corp. has a 12 month low of C$0.87 and a 12 month high of C$2.16.

Wall Street Analyst Weigh In

Separately, Eight Capital lifted their price target on Discovery Silver from C$2.65 to C$2.70 in a research note on Thursday, July 11th.

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.