Gernot Wober Sells 165,962 Shares of Discovery Silver Corp. (CVE:DSV) Stock

Discovery Silver Corp. (CVE:DSV) Senior Officer Gernot Wober sold 165,962 shares of the business’s stock in a transaction dated Monday, April 21st. The stock was sold at an average price of C$2.80, for a total transaction of C$464,693.60.

Discovery Silver Trading Down 7.0 %

Shares of CVE DSV opened at C$1.33 on Monday. Discovery Silver Corp. has a 52-week low of C$0.87 and a 52-week high of C$2.16. The firm’s 50 day moving average price is C$1.33 and its 200-day moving average price is C$1.33. The company has a market cap of C$644.74 million and a PE ratio of -34.35. The company has a debt-to-equity ratio of 0.29, a quick ratio of 18.89 and a current ratio of 5.96.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets boosted their price target on shares of Discovery Silver from C$2.00 to C$4.00 in a research report on Thursday, April 17th.

About Discovery Silver

Discovery Silver Corp., a mineral exploration company, engages in the exploration and development of polymetallic deposits. The company's flagship property is the Cordero silver project, which covers an area of approximately 35,000 hectares located in the Chihuahua state, Mexico. It also holds option agreement to purchase 100% interest in the Puerto Rico, La Kika, Minerva, Monclova, and Santa Rosa projects in Mexico.