FY2024 Earnings Forecast for Dolly Varden Silver Co. (CVE:DV) Issued By Raymond James

Dolly Varden Silver Co. (CVE:DV) – Equities research analysts at Raymond James lowered their FY2024 EPS estimates for Dolly Varden Silver in a report released on Monday, September 30th. Raymond James analyst C. Stanley now expects that the company will post earnings of ($0.07) per share for the year, down from their prior forecast of ($0.06). Raymond James has a “Outperform” rating and a $1.60 price objective on the stock. The consensus estimate for Dolly Varden Silver’s current full-year earnings is $0.01 per share.

Separately, Haywood Securities upgraded Dolly Varden Silver to a “strong-buy” rating in a research note on Thursday, August 15th.

Dolly Varden Silver Stock Up 2.8 %

Shares of DV stock opened at C$1.12 on Wednesday. The company’s 50 day moving average is C$1.06 and its 200 day moving average is C$1.03. The firm has a market cap of C$348.01 million, a price-to-earnings ratio of -12.44 and a beta of 1.37. Dolly Varden Silver has a 52-week low of C$0.62 and a 52-week high of C$1.29.

Dolly Varden Silver (CVE:DV) last posted its quarterly earnings results on Thursday, August 22nd. The company reported C($0.03) earnings per share for the quarter, missing the consensus estimate of C($0.02) by C($0.01).

Dolly Varden Silver Company Profile

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