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If silver reaches $75/oz

RO
RockeTellerInvested
Community Contributor
Published
26 Sep 24
Updated
06 Dec 24
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RockeTeller's Fair Value
CA$102.30
97.5% undervalued intrinsic discount
06 Dec
CA$2.57
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1Y
179.3%
7D
-8.5%

Author's Valuation

CA$102.3

97.5% undervalued intrinsic discount

RockeTeller's Fair Value

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Discovery Silver: Stock Price Estimate at $75 Silver (2027)

Step 1: Revenue Estimation for 2027

Projected Production: 33M oz AgEq.

Silver Price: $75/oz.

Revenue: 33,000,000 × 75 = $2,475,000,000 USD.

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Step 2: Free Cash Flow (FCF) Estimation

1. Costs:

AISC: $13/oz.

Total Costs: 33,000,000 × 13 = $429,000,000 USD.

2. FCF:

FCF = Revenue - Costs.

FCF = 2,475,000,000 - 429,000,000 = $2,046,000,000 USD.

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Step 3: Market Cap Based on FCF

FCF Multiple: 10x.

Market Cap: 2,046,000,000 × 10 = $20,460,000,000 USD.

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Step 4: Stock Price Calculation

Shares Outstanding: 200M (estimate).

Stock Price: 20,460,000,000 ÷ 200,000,000 = $102.30 USD.

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Conclusion:

If silver reaches $75/oz by 2027 and Discovery Silver achieves 33M oz AgEq annual production, the stock price could be approximately $102.30 per share. This demonstrates the company’s strong leverage to rising silver prices and potential as a high-return investment opportunity.

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Disclaimer

The user RockeTeller has a position in TSX:DSV. Simply Wall St has no position in any of the companies mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.

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