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Dolly Varden Silver (CVE:DV) Trading Up 8.6% - What's Next?

Dolly Varden Silver logo with Basic Materials background

Key Points

  • Dolly Varden Silver Co. shares rose by 8.6% during trading on Monday, reaching a high of C$6.60 before closing at C$6.57.
  • The company experienced a significant increase in trading volume, with approximately 404,907 shares traded, a jump of 196% from its average daily volume.
  • Dolly Varden Silver has a market cap of C$572.67 million and a price-to-earnings ratio of -22.66, indicating it is currently not profitable.
  • Five stocks to consider instead of Dolly Varden Silver.

Dolly Varden Silver Co. (CVE:DV - Get Free Report)'s share price was up 8.6% during trading on Monday . The company traded as high as C$6.60 and last traded at C$6.57. Approximately 404,907 shares were traded during mid-day trading, an increase of 196% from the average daily volume of 136,918 shares. The stock had previously closed at C$6.05.

Dolly Varden Silver Price Performance

The company has a market cap of C$572.67 million, a price-to-earnings ratio of -22.66 and a beta of 2.02. The business has a 50 day simple moving average of C$5.85 and a 200 day simple moving average of C$4.85.

About Dolly Varden Silver

(Get Free Report)

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.

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