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 firm’s stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of C$1.27, for a total transaction of C$15,887.50.

Dolly Varden Silver Price Performance

Shares of CVE:DV traded down C$0.05 during trading on Wednesday, reaching C$1.36. 281,918 shares of the company’s stock traded hands, compared to its average volume of 283,566. The company has a 50 day moving average of C$1.11 and a 200-day moving average of C$1.07. The stock has a market capitalization of C$425.90 million, a P/E ratio of -15.56 and a beta of 1.38. Dolly Varden Silver Co. has a 12 month low of C$0.62 and a 12 month high of C$1.46.

Dolly Varden Silver (CVE:DV) last released its earnings results on Thursday, August 22nd. The company reported C($0.03) EPS for the quarter, missing the consensus estimate of C($0.02) by C($0.01). Equities research analysts predict that Dolly Varden Silver Co. will post 0.01 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DV has been the subject of several recent analyst reports. Raymond James raised their price objective on shares of 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. Haywood Securities raised shares of Dolly Varden Silver to a “strong-buy” rating in a research report on Thursday, August 15th.

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.