FY2027 EPS Estimate for Discovery Silver Lowered by Analyst

Discovery Silver Corp. (TSE:DSV) – Analysts at Scotiabank lowered their FY2027 earnings per share (EPS) estimates for shares of Discovery Silver in a research report issued to clients and investors on Friday, April 17th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $0.51 for the year, down from their previous forecast of $0.53. Scotiabank currently has a “Strong-Buy” rating on the stock.

Discovery Silver Trading Down 6.8%

Shares of DSV opened at C$9.73 on Wednesday. The stock’s 50-day moving average price is C$9.62 and its two-hundred day moving average price is C$8.36. Discovery Silver has a 12 month low of C$2.36 and a 12 month high of C$12.48. The company has a market capitalization of C$7.88 billion, a PE ratio of 64.87 and a beta of 2.74.

Discovery Silver (TSE:DSV) last released its quarterly earnings data on Thursday, February 19th. The company reported C$0.19 earnings per share for the quarter. Discovery Silver had a return on equity of 29.78% and a net margin of 16.33%.The company had revenue of C$368.88 million for the quarter.

Insider Activity at Discovery Silver

In other Discovery Silver news, Director Jennifer Laura Wagner sold 134,145 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of C$9.76, for a total value of C$1,309,255.20. Following the sale, the director owned 215,855 shares in the company, valued at approximately C$2,106,744.80. The trade was a 38.33% decrease in their position. Company insiders own 23.60% of the company’s stock.

Discovery Silver Company Profile

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.