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 business’s 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 Price Performance

Shares of CVE DSV opened at C$1.33 on Tuesday. The firm has a market cap of C$467.15 million and a PE ratio of -11.57. The company has a current ratio of 18.98, a quick ratio of 18.89 and a debt-to-equity ratio of 0.53. Discovery Silver Corp. has a 1-year low of C$0.87 and a 1-year high of C$2.16. The company has a fifty day moving average price of C$1.33 and a 200 day moving average price of C$1.33.

Analyst Upgrades and Downgrades

Separately, Eight Capital boosted their price target on shares of Discovery Silver from C$2.65 to C$2.70 in a report on Thursday, July 11th.

About Discovery Silver

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.