James Anthony Sabala Sells 12,500 Shares of Dolly Varden Silver Co. (CVE:DV) Stock

Dolly Varden Silver Co. (CVE:DV) Director James Anthony Sabala sold 12,500 shares of the stock in a transaction that occurred on Friday, October 18th. The shares were sold at an average price of C$1.27, for a total transaction of C$15,887.50.

Dolly Varden Silver Price Performance

Dolly Varden Silver stock opened at C$1.34 on Friday. The business has a fifty day moving average price of C$1.13 and a 200-day moving average price of C$1.08. The firm has a market capitalization of C$421.19 million, a P/E ratio of -14.89 and a beta of 1.38. Dolly Varden Silver Co. has a one year low of C$0.62 and a one year high of C$1.46.

Dolly Varden Silver (CVE:DV) last posted its earnings results on Thursday, August 22nd. The company reported C($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.02) by C($0.01). Sell-side analysts expect that Dolly Varden Silver Co. will post 0.01 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on DV shares. Haywood Securities upgraded Dolly Varden Silver to a “strong-buy” rating in a research note on Thursday, August 15th. Raymond James boosted their price objective on Dolly Varden Silver from C$1.25 to C$1.60 and gave the company an “outperform” rating in a research note on Tuesday, October 1st.

Dolly Varden Silver Company Profile

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.