Sprott Mining Inc. Sells 250,000 Shares of Discovery Silver (TSE:DSV) Stock

Discovery Silver Corp. (TSE:DSV) insider Sprott Mining Inc. sold 250,000 shares of the business’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of C$4.60, for a total transaction of C$1,150,000.00. Following the completion of the transaction, the insider owned 44,750,000 shares in the company, valued at approximately C$205,850,000. The trade was a 0.56% decrease in their ownership of the stock.

Discovery Silver Price Performance

Shares of TSE DSV opened at C$4.96 on Monday. The stock has a market capitalization of C$3.98 billion, a PE ratio of -199.69 and a beta of 1.92. The business’s fifty day moving average price is C$3.73 and its 200-day moving average price is C$2.99. Discovery Silver Corp. has a one year low of C$0.64 and a one year high of C$4.98.

Analyst Upgrades and Downgrades

Separately, Raymond James Financial upgraded Discovery Silver to a “moderate buy” rating in a research report on Monday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.

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.