Andreas L’abbe Sells 350,000 Shares of Discovery Silver Corp. (CVE:DSV) Stock

Discovery Silver Corp. (CVE:DSV) Senior Officer Andreas L’abbe sold 350,000 shares of the firm’s stock in a transaction on Monday, July 8th. The stock was sold at an average price of C$1.05, for a total transaction of C$367,500.00.

Discovery Silver Price Performance

Shares of CVE:DSV opened at C$1.33 on Friday. The company has a 50 day moving average of C$1.33 and a 200 day moving average of C$1.33. The stock has a market cap of C$467.15 million and a P/E ratio of -11.57. Discovery Silver Corp. has a 12 month low of C$0.87 and a 12 month high of C$2.16. The company has a current ratio of 18.98, a quick ratio of 18.89 and a debt-to-equity ratio of 0.53.

Analyst Ratings Changes

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

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.