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Discovery Silver (TSE:DSV) Upgraded at Scotiabank

Discovery Silver logo with Basic Materials background
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Key Points

  • Scotiabank upgraded Discovery Silver to a "strong-buy" and issued FY2026 and FY2027 EPS estimates of C$0.51 and C$0.53, respectively.
  • The stock opened at C$9.63 and was trading down about 1.9%, with a market cap of C$7.80 billion, a P/E of 64.2, beta 2.50, and a 1‑year range of C$1.60–C$12.48.
  • A director sold 134,145 shares at an average price of C$9.76 (reducing her stake by 38.33%); corporate insiders now own 23.6% of the company.
  • MarketBeat previews the top five stocks to own by May 1st.

Discovery Silver (TSE:DSV - Get Free Report) was upgraded by Scotiabank to a "strong-buy" rating in a report issued on Tuesday,Zacks.com reports. Scotiabank also issued estimates for Discovery Silver's FY2026 earnings at $0.51 EPS and FY2027 earnings at $0.53 EPS.

Discovery Silver Trading Down 1.9%

Shares of Discovery Silver stock opened at C$9.63 on Tuesday. The company's fifty day simple moving average is C$9.72 and its 200-day simple moving average is C$7.86. The company has a market cap of C$7.80 billion, a price-to-earnings ratio of 64.20 and a beta of 2.50. Discovery Silver has a 1 year low of C$1.60 and a 1 year high of C$12.48.

Discovery Silver (TSE:DSV - Get Free Report) last released its earnings results on Thursday, February 19th. The company reported C$0.19 EPS for the quarter. Discovery Silver had a net margin of 13.60% and a return on equity of 24.80%. The firm had revenue of C$368.88 million during the quarter.

Insider Activity at Discovery Silver

In other news, Director Jennifer Laura Wagner sold 134,145 shares of the company's stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of C$9.76, for a total transaction of C$1,309,255.20. Following the completion of the transaction, the director owned 215,855 shares of the company's stock, valued at approximately C$2,106,744.80. This represents a 38.33% decrease in their ownership of the stock. Corporate insiders own 23.60% of the company's stock.

About Discovery Silver

(Get Free Report)

Discovery Silver Corp is an exploration and development company building a large-scale, high-margin silver asset in Mexico. Its flagship project is the Cordero project, one of the few silver projects globally that offer margin, size, and scaleability. The project is located in a prolific mining belt in Chihuahua State, Mexico.

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