Discovery Silver Corp.

TSX:DSV Stock Report

Market Cap: CA$7.4b

Discovery Silver Valuation

Is DSV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of DSV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: DSV (CA$9.55) is trading above our estimate of future cash flow value (CA$7.66)

Significantly Below Future Cash Flow Value: DSV is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DSV?

Key metric: As DSV is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for DSV. This is calculated by dividing DSV's market cap by their current revenue.
What is DSV's PS Ratio?
PS Ratio14.9x
SalesUS$378.97m
Market CapUS$5.43b

Price to Sales Ratio vs Peers

How does DSV's PS Ratio compare to its peers?

The above table shows the PS ratio for DSV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average13.7x
AYA Aya Gold & Silver
17.8x19.78%CA$3.1b
ARTG Artemis Gold
15.7x31.26%CA$8.7b
EDR Endeavour Silver
10.1x27.64%CA$4.3b
AG First Majestic Silver
11.2x89.05%CA$13.7b
DSV Discovery Silver
14.9x21.21%CA$7.4b

Price-To-Sales vs Peers: DSV is expensive based on its Price-To-Sales Ratio (14.9x) compared to the peer average (13.7x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does DSV's PS Ratio compare vs other companies in the CA Metals and Mining Industry?

93 CompaniesPrice / SalesEstimated GrowthMarket Cap
TECK.B Teck Resources
3.8x3.92%US$26.69b
FM First Quantum Minerals
4.9x17.02%US$23.80b
EDV Endeavour Mining
3.6x12.25%US$13.59b
CS Capstone Copper
4.4x14.76%US$8.78b
DSV 14.9xIndustry Avg. 8.3xNo. of Companies93PS020406080100+
93 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: DSV is expensive based on its Price-To-Sales Ratio (14.9x) compared to the Canadian Metals and Mining industry average (8.3x).

Price to Sales Ratio vs Fair Ratio

What is DSV's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DSV PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio14.9x
Fair PS Ratio9.7x

Price-To-Sales vs Fair Ratio: DSV is expensive based on its Price-To-Sales Ratio (14.9x) compared to the estimated Fair Price-To-Sales Ratio (9.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DSV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$9.55
CA$12.25
+28.27%
12.64%CA$15.00CA$10.00n/a6
Jan ’27CA$8.38
CA$8.76
+4.50%
16.97%CA$11.00CA$6.75n/a7
Dec ’26CA$7.94
CA$7.69
-3.20%
13.49%CA$9.50CA$6.50n/a7
Nov ’26CA$5.86
CA$6.94
+18.48%
8.46%CA$8.00CA$6.10n/a7
Oct ’26CA$5.24
CA$6.06
+15.73%
12.47%CA$7.00CA$4.60n/a7
Sep ’26CA$4.37
CA$5.24
+19.97%
12.13%CA$6.10CA$4.50n/a7
Aug ’26CA$3.29
CA$4.81
+46.11%
15.45%CA$6.00CA$4.00n/a7
Jul ’26CA$2.98
CA$4.59
+54.12%
12.24%CA$5.90CA$4.00n/a7
Jun ’26CA$3.26
CA$4.21
+29.27%
18.70%CA$5.90CA$3.10n/a7
May ’26CA$2.50
CA$4.20
+68.00%
21.87%CA$5.90CA$3.10n/a5
Apr ’26CA$2.03
CA$2.65
+30.54%
5.66%CA$2.80CA$2.50n/a2
Mar ’26CA$1.58
CA$2.65
+67.72%
5.66%CA$2.80CA$2.50n/a2
Feb ’26CA$1.54
CA$2.10
+36.36%
4.76%CA$2.20CA$2.00CA$9.582
Jan ’26CA$0.71
CA$2.23
+213.38%
12.86%CA$2.70CA$2.00CA$8.384
Dec ’25CA$0.87
CA$2.23
+155.75%
12.86%CA$2.70CA$2.00CA$7.944
Nov ’25CA$0.89
CA$2.23
+150.00%
12.86%CA$2.70CA$2.00CA$5.864
Oct ’25CA$0.71
CA$2.24
+215.14%
12.78%CA$2.70CA$2.00CA$5.244
Sep ’25CA$0.60
CA$2.24
+272.92%
12.78%CA$2.70CA$2.00CA$4.374
Aug ’25CA$0.97
CA$2.24
+130.67%
12.78%CA$2.70CA$2.00CA$3.294
Jul ’25CA$0.88
CA$2.30
+161.36%
11.64%CA$2.65CA$2.00CA$2.983
Jun ’25CA$1.08
CA$2.30
+112.96%
11.64%CA$2.65CA$2.00CA$3.263
May ’25CA$0.89
CA$2.28
+156.55%
11.90%CA$2.65CA$2.00CA$2.503
Apr ’25CA$0.76
CA$2.28
+200.44%
11.90%CA$2.65CA$2.00CA$2.033
Mar ’25CA$0.65
CA$2.28
+251.28%
11.90%CA$2.65CA$2.00CA$1.583
Feb ’25CA$0.63
CA$2.50
+296.83%
22.86%CA$3.30CA$2.00CA$1.543
CA$12.25
Fair Value
22.0% undervalued intrinsic discount
6
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/03 22:31
End of Day Share Price 2026/02/03 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Discovery Silver Corp. is covered by 12 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicolas DionATB Cormark Historical (Cormark Securities)
null nullATB Cormark Historical (Cormark Securities)
Kevin O'HalloranBMO Capital Markets Equity Research