Dolly Varden Silver (CVE:DV) Stock Price Up 2.1%

Dolly Varden Silver Co. (CVE:DV)’s share price shot up 2.1% on Monday . The company traded as high as C$0.98 and last traded at C$0.96. 354,258 shares changed hands during trading, an increase of 30% from the average session volume of 271,950 shares. The stock had previously closed at C$0.94.

Wall Street Analyst Weigh In

Separately, Raymond James boosted their target price on Dolly Varden Silver from C$1.10 to C$1.25 in a report on Tuesday.

Dolly Varden Silver Trading Down 1.1 %

The company’s 50 day moving average price is C$0.83 and its 200 day moving average price is C$0.80. The company has a market cap of C$267.57 million, a price-to-earnings ratio of -9.40 and a beta of 1.50.

Dolly Varden Silver (CVE:DV) last announced its quarterly earnings data on Wednesday, March 27th. The company reported C($0.02) earnings per share for the quarter. Sell-side analysts predict that Dolly Varden Silver Co. will post 0.01 earnings per share for the current year.

Dolly Varden Silver Company Profile

Dolly Varden Silver Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silver, lead, zinc, and copper deposits. It holds 100% interests in the Kitsault Valley project, which comprises the Dolly Varden property and the Homestake Ridge property covering an area of 163 square kilometers located in Golden Triangle of British Columbia, Canada; and the Big Bulk property located in Canada.