DSV Stock Overview

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. More details

DSV fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 73.8% below our estimate of its fair value

Revenue is forecast to grow 49.74% per year

Analysts in good agreement that stock price will rise by 44%

Risk Analysis

Makes less than USD$1m in revenue (CA$0)

Shareholders have been substantially diluted in the past year

Earnings have declined by 1.9% per year over past 5 years

Volatile share price over the past 3 months compared to the Canadian market

Discovery Silver Corp. Competitors

MAG Silver

TSX:MAG

CA$2.2b

Fortuna Mining

TSX:FVI

CA$2.6b

Aya Gold & Silver

TSX:AYA

CA$1.3b

Endeavour Silver

TSX:EDR

CA$1.4b

Price History & Performance

Summary of share price highs, lows and changes for Discovery Silver
Historical stock prices
Current Share Price	CA$2.57
52 Week High	CA$2.93
52 Week Low	CA$0.52
Beta	2.75
1 Month Change	26.60%
3 Month Change	162.24%
1 Year Change	179.35%
3 Year Change	69.08%
5 Year Change	458.70%
Change since IPO	-84.42%

Recent updates

Here's Why We're Not Too Worried About Discovery Silver's (CVE:DSV) Cash Burn Situation

Jan 07

Is Discovery Silver (CVE:DSV) In A Good Position To Deliver On Growth Plans?

Sep 10

Discovery Silver (CVE:DSV) Is In A Good Position To Deliver On Growth Plans

May 24

Discovery Silver (CVE:DSV) Is In A Good Position To Deliver On Growth Plans

Jan 27

We Think Discovery Silver (CVE:DSV) Can Afford To Drive Business Growth

Oct 20

We're Not Very Worried About Discovery Silver's (CVE:DSV) Cash Burn Rate

Jun 10

Shareholder Returns

	DSV	CA Metals and Mining	CA Market
7D	-8.5%	0.07%	1.9%
1Y	179.3%	25.3%	10.8%

Return vs Industry: DSV exceeded the Canadian Metals and Mining industry which returned 25.3% over the past year.

Return vs Market: DSV exceeded the Canadian Market which returned 10.8% over the past year.

Price Volatility

Is DSV's price volatile compared to industry and market?
DSV volatility
DSV Average Weekly Movement	14.4%
Metals and Mining Industry Average Movement	11.7%
Market Average Movement	9.6%
10% most volatile stocks in CA Market	18.0%
10% least volatile stocks in CA Market	4.1%

Stable Share Price: DSV's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: DSV's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

Discovery Silver

RockeTeller

Community Contributor

If silver reaches $75/oz

--- 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.

View narrative

CA$102.30

97.5% undervalued

Revenue growth p.a.

5 months ago

View Discovery Silver Community

About the Company

Founded	Employees	CEO	Website
1986	35	Tony Makuch	discoverysilver.com

Discovery Silver Corp., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for zinc, lead, silver, and gold deposits. Its flagship property is the Cordero silver project which consist of 26 contiguous claims that covers an area of approximately 34,908.7 hectares located in the Chihuahua state, Mexico.

Discovery Silver Corp. Fundamentals Summary

How do Discovery Silver's earnings and revenue compare to its market cap?
DSV fundamental statistics
Market cap	CA$2.09b
Earnings (TTM)	-CA$20.90m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-98.1x

P/E Ratio

Is DSV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DSV income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$20.90m
Earnings	-CA$20.90m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.026
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did DSV perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/24 04:25
End of Day Share Price	2025/04/24 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Colin Hamilton	BMO Capital Markets Equity Research
Kevin O'Halloran	BMO Capital Markets Equity Research
Nicolas Dion	Cormark Securities Inc.

DSV Stock Overview

Rewards

Risk Analysis

Discovery Silver Corp. Competitors

TSX:MAG

CA$2.2b

TSX:FVI

CA$2.6b

TSX:AYA

CA$1.3b

TSX:EDR

CA$1.4b

Price History & Performance

Recent News & Updates

Independent Director recently bought CA$977k worth of stock

New major risk - Shareholder dilution

Discovery Silver Corp. (TSX:DSV) completed the acquisition of Porcupine Operations from Goldcorp Canada Ltd.

Discovery Silver Corp., Annual General Meeting, Jun 25, 2025

Price target increased by 29% to CA$3.43

Vice President of Corporate Development recently bought CA$119k worth of stock

Recent updates

Independent Director recently bought CA$977k worth of stock

New major risk - Shareholder dilution

Discovery Silver Corp. (TSX:DSV) completed the acquisition of Porcupine Operations from Goldcorp Canada Ltd.

Discovery Silver Corp., Annual General Meeting, Jun 25, 2025

Price target increased by 29% to CA$3.43

Vice President of Corporate Development recently bought CA$119k worth of stock

Vice President of Corporate Development recently bought CA$113k worth of stock

Price target increased by 12% to CA$2.35

Discovery Silver Corp. has completed a Follow-on Equity Offering in the amount of CAD 225 million.

Discovery Silver Corp. has filed a Follow-on Equity Offering in the amount of CAD 225 million.

Discovery Silver Corp. (TSX:DSV) entered into a definitive agreement to acquire 100% interest in Porcupine Operations from Newmont Corporation (NYSE:NEM) for approximately $430 million.

Price target decreased by 10% to CA$2.07

New major risk - Revenue and earnings growth

New major risk - Financial position

Vice President of Exploration recently sold CA$53k worth of stock

We're Not Very Worried About Discovery Silver's (TSE:DSV) Cash Burn Rate

Vice President of Exploration recently sold CA$76k worth of stock

Discovery Silver Corp. Appoints Mark Utting as Vice President of Investor Relations

Vice President of Exploration recently bought CA$119k worth of stock

Independent Director recently sold CA$93k worth of stock

We're Not Very Worried About Discovery Silver's (TSE:DSV) Cash Burn Rate

Discovery Silver Corp., Annual General Meeting, May 15, 2024

Price target decreased by 14% to CA$2.28

Discovery Silver Corp. Announces Positive Feasibility Results from Cordero Silver Project in Mexico

Discovery Silver Corp. Announces Positive Feasibility Results from Cordero Silver Project in Mexico

New minor risk - Share price stability

Is Discovery Silver (TSE:DSV) In A Good Position To Invest In Growth?

Discovery Silver Corp. Announces the Departure of Tony Esplin as Chief Operating Officer

Discovery Silver Corp. Reports Optimized Results from Its Feasibility Study Metallurgical Test Program

Price target decreased by 11% to CA$2.67

Discovery Silver Corp. Announces the Submission of Its Environmental Impact Assessment for Its Cordero Project

Will Discovery Silver (TSE:DSV) Spend Its Cash Wisely?

Discovery Silver Corp. Announces Key Appointments to the Board and Management Team

Discovery Silver Corp. Reports Additional Positive Results from Its Feasibility Study Drill Program At Cordero

Discovery Silver Corp. Provides Cordero Project Update

Is Discovery Silver (TSE:DSV) In A Good Position To Deliver On Growth Plans?

CEO & Director recently bought CA$1.2m worth of stock

Price target increased by 12% to CA$3.38

Discovery Silver Corp.(TSXV:DSV) dropped from S&P/TSX Venture Composite Index

Discovery Silver Corp. Reports Preliminary Feasibility Study on Cordero

Discovery Silver Corp. Announces Appointment of Tony Makuch as Chief Executive Officer

Here's Why We're Not Too Worried About Discovery Silver's (CVE:DSV) Cash Burn Situation

Insider recently bought CA$159k worth of stock

Discovery Silver Corp. Announces Results from the First 15 Feasibility Study Drill Holes on Its Cordero Silver Project Located in Chihuahua State, Mexico

CFO & Corporate Secretary recently bought CA$144k worth of stock

Price target decreased to CA$3.08

Price target decreased to CA$3.08

Discovery Silver Corp. Continues to Demonstrate Expansion Potential in Final Phase 2 Drill Holes at Cordero

Is Discovery Silver (CVE:DSV) In A Good Position To Deliver On Growth Plans?

Discovery Reports Exceptional Results from Its Pre-Feasibility Study Metallurgical Test Program

Price target decreased to CA$3.47

High number of new directors

Discovery Silver Corp. Announces Results of Phase 2 Drill Program of Cordero Silver Project

Discovery Silver Corp. Elects Tony Makuch as Director

High number of new directors

Discovery Silver Corp. Announces Resignation of Taj Singh as President and Board of Directors

Discovery Silver Corp. Reports Positive Metallurgical Results from Cordero & Provides Project Update

Discovery Silver Corp. Announces Resignation of Mark O'dea as Director

Discovery Silver Corp. Announces Resignation of Mark O'dea as Director