Discovery Silver (TSE:DSV) Reaches New 1-Year High – Still a Buy?

Shares of Discovery Silver Corp. (TSE:DSV) hit a new 52-week high on Tuesday . The stock traded as high as C$12.53 and last traded at C$12.53, with a volume of 620900 shares trading hands. The stock had previously closed at C$12.43.

Discovery Silver Trading Up 1.7%

The company has a market cap of C$10.29 billion, a P/E ratio of 39.50 and a beta of 2.99. The company’s 50-day moving average price is C$9.33 and its two-hundred day moving average price is C$9.29.

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

Insider Buying and Selling at Discovery Silver

In related news, insider Darin Matthew Smith acquired 35,000 shares of the company’s stock in a transaction on Friday, June 5th. The shares were purchased at an average price of C$7.99 per share, for a total transaction of C$279,650.00. Following the purchase, the insider owned 35,000 shares in the company, valued at C$279,650. This represents a ∞ increase in their ownership of the stock. Also, Director William Murray John sold 110,000 shares of the firm’s 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 sale, the director directly owned 240,000 shares of the company’s stock, valued at C$2,896,800. This trade represents a 31.43% decrease in their ownership of the stock. Company insiders own 23.60% of the company’s stock.

About Discovery Silver

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.