Discovery Silver (TSE:DSV) Reaches New 12-Month High – Here’s Why

Discovery Silver Corp. (TSE:DSV) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$13.20 and last traded at C$13.04, with a volume of 386363 shares trading hands. The stock had previously closed at C$12.52.

Discovery Silver Trading Up 3.8%

The stock has a market capitalization of C$10.58 billion, a P/E ratio of 40.59 and a beta of 2.99. The stock’s 50 day simple moving average is C$9.89 and its 200 day simple moving average is C$9.42.

Discovery Silver (TSE:DSV) last released its earnings results on Thursday, August 13th. The company reported C$0.16 earnings per share for the quarter. The company had revenue of C$453.36 million during the quarter. Discovery Silver had a net margin of 21.59% and a return on equity of 43.47%.

Insider Transactions at Discovery Silver

In related news, Director William Murray John sold 110,000 shares of Discovery Silver stock in a transaction dated Friday, August 21st. The stock was sold at an average price of C$12.07, for a total value of C$1,327,700.00. Following the completion of the transaction, the director directly owned 240,000 shares in the company, valued at approximately C$2,896,800. This trade represents a 31.43% decrease in their ownership of the stock. Also, insider Darin Matthew Smith acquired 35,000 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was purchased at an average cost of C$7.99 per share, with a total value of C$279,650.00. Following the completion of the acquisition, the insider owned 35,000 shares of the company’s stock, valued at C$279,650. The trade was a ∞ increase in their ownership of the stock. 23.60% of the stock is currently owned by company insiders.

Discovery Silver Company Profile

Discovery is a growing precious metals company that is creating value for stakeholders through exposure to both gold and silver. The Company’s silver exposure comes from its first asset, the 100%-owned Cordero project, one of the world’s largest undeveloped silver deposits, which is located close to infrastructure in a prolific mining belt in Chihuahua State, Mexico. In April 2025, Discovery acquired the Porcupine Complex, transforming the Company into a new Canadian gold producer with multiple operations in one of the world’s most renowned gold camps in and near Timmins, Ontario.