Insider Selling: Discovery Silver (TSE:DSV) Director Sells 134,145 Shares of Stock

Key Points

• Director Jennifer Laura Wagner sold 134,145 shares on March 11 at an average price of C$9.76 (total C$1,309,255.20), cutting her stake by 38.33% to 215,855 shares valued at C$2,106,744.80.
• Discovery Silver shares traded at C$8.29 midday, below the 50-day moving average (C$9.80) but above the 200-day (C$7.78); the stock has a 12‑month range of C$1.60–C$12.48 and a market capitalization of C$6.72 billion.
• The company reported quarterly EPS of C$0.19 and revenue of C$368.88 million (net margin 16.68%, ROE 27.12%) and is developing the large-scale Cordero silver project in Chihuahua, Mexico.

Discovery Silver Corp. (TSE:DSV - Get Free Report) Director Jennifer Laura Wagner sold 134,145 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of C$9.76, for a total value 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 C$2,106,744.80. The trade was a 38.33% decrease in their ownership of the stock.

Discovery Silver Stock Performance

Shares of TSE:DSV traded up C$0.10 during midday trading on Monday, hitting C$8.29. 1,664,981 shares of the stock were exchanged, compared to its average volume of 3,745,330. The business's 50-day moving average price is C$9.80 and its 200 day moving average price is C$7.78. Discovery Silver Corp. has a 12 month low of C$1.60 and a 12 month high of C$12.48. The stock has a market capitalization of C$6.72 billion, a price-to-earnings ratio of 55.27 and a beta of 2.50.

Discovery Silver (TSE:DSV - Get Free Report) last issued its quarterly earnings data on Thursday, February 19th. The company reported C$0.19 earnings per share for the quarter. Discovery Silver had a net margin of 16.68% and a return on equity of 27.12%. The company had revenue of C$368.88 million for the quarter.

About Discovery Silver

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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