FY2027 EPS Estimate for Discovery Silver Lowered by Analyst

Key Points

• Scotiabank analyst O. Habib lowered Discovery Silver's FY2027 EPS estimate to $0.51 from $0.53 while maintaining a Strong-Buy rating on the stock.
• In the latest quarter Discovery Silver reported C$0.19 EPS on C$368.88 million revenue, with a return on equity of 29.78% and a net margin of 16.33%.
• Director Jennifer Laura Wagner sold 134,145 shares at an average price of C$9.76 (about C$1.31M), cutting her stake by 38.33%; the stock was down 6.8%, trading near C$9.73 with a market cap of C$7.88 billion and a P/E of 64.87.

Discovery Silver Corp. (TSE:DSV - Free Report) - Investment analysts at Scotiabank dropped their FY2027 earnings per share (EPS) estimates for shares of Discovery Silver in a research report issued to clients and investors on Friday, April 17th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $0.51 for the year, down from their previous estimate of $0.53. Scotiabank currently has a "Strong-Buy" rating on the stock.

Discovery Silver (TSE:DSV - Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The company reported C$0.19 earnings per share (EPS) for the quarter. Discovery Silver had a return on equity of 29.78% and a net margin of 16.33%.The company had revenue of C$368.88 million for the quarter.

Discovery Silver Stock Down 6.8%

TSE DSV opened at C$9.73 on Wednesday. Discovery Silver has a twelve month low of C$2.36 and a twelve month high of C$12.48. The company has a market cap of C$7.88 billion, a price-to-earnings ratio of 64.87 and a beta of 2.74. The business's fifty day moving average is C$9.62 and its 200 day moving average is C$8.36.

Insider Buying and Selling at Discovery Silver

In related news, Director Jennifer Laura Wagner sold 134,145 shares of the firm's stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of C$9.76, for a total transaction of C$1,309,255.20. Following the sale, the director owned 215,855 shares of the company's stock, valued at C$2,106,744.80. This trade represents a 38.33% decrease in their position. 23.60% of the stock is currently owned by company insiders.

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.

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