Cormark Has Pessimistic Outlook of TSE:DSV FY2025 Earnings

Key Points

• Cormark has reduced its FY2025 earnings per share estimate for Discovery Silver from $0.22 to $0.16, while projecting FY2026 earnings at $0.25 EPS.
• Discovery Silver's stock opened at C$3.97, with a market capitalization of C$1.59 billion and a P/E ratio of -84.69.
• The company is developing the Cordero project in Mexico, which is one of the few globally significant silver projects due to its margin, size, and scalability.

Discovery Silver Corp. (TSE:DSV - Free Report) - Equities researchers at Cormark reduced their FY2025 EPS estimates for shares of Discovery Silver in a research note issued on Wednesday, August 13th. Cormark analyst N. Dion now forecasts that the company will earn $0.16 per share for the year, down from their prior forecast of $0.22. Cormark also issued estimates for Discovery Silver's FY2026 earnings at $0.25 EPS.

DSV has been the subject of a number of other reports. National Bank Financial upgraded shares of Discovery Silver to a "strong-buy" rating in a research note on Thursday, May 1st. Raymond James Financial raised shares of Discovery Silver to a "moderate buy" rating in a report on Monday, May 26th. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Strong Buy".

Discovery Silver Trading Down 2.3%

Shares of DSV traded down C$0.09 during midday trading on Thursday, hitting C$3.74. The stock had a trading volume of 1,537,343 shares, compared to its average volume of 2,663,282. Discovery Silver has a fifty-two week low of C$0.52 and a fifty-two week high of C$4.07. The business has a 50-day simple moving average of C$3.30 and a two-hundred day simple moving average of C$2.63. The firm has a market cap of C$1.50 billion, a P/E ratio of -79.78 and a beta of 2.45.

Discovery Silver Company Profile

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.