TSXV:DV

Stock Analysis Report

Dolly Varden Silver

Executive Summary

Dolly Varden Silver Corporation engages in the acquisition, development, exploration, and evaluation of mineral properties in Canada.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Dolly Varden Silver's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DV's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

18.2%

DV

-1.5%

CA Metals and Mining

-3.8%

CA Market


1 Year Return

-30.9%

DV

4.9%

CA Metals and Mining

0.5%

CA Market

Return vs Industry: DV underperformed the Canadian Metals and Mining industry which returned 4.9% over the past year.

Return vs Market: DV underperformed the Canadian Market which returned 0.5% over the past year.


Shareholder returns

DVIndustryMarket
7 Day18.2%-1.5%-3.8%
30 Day41.3%3.2%-2.0%
90 Day16.1%10.2%-0.3%
1 Year-30.9%-30.9%5.6%4.9%3.7%0.5%
3 Year-56.1%-56.1%-1.9%-3.6%13.6%3.4%
5 Year-35.0%-35.0%28.2%24.6%30.2%11.2%

Price Volatility Vs. Market

How volatile is Dolly Varden Silver's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Dolly Varden Silver undervalued compared to its fair value and its price relative to the market?

3.34x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DV's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DV's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DV is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: DV is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DV is overvalued based on its PB Ratio (3.3x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Dolly Varden Silver forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.7%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Dolly Varden Silver has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Dolly Varden Silver performed over the past 5 years?

-14.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DV is currently unprofitable.

Growing Profit Margin: DV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DV is unprofitable, and losses have increased over the past 5 years at a rate of -14.4% per year.

Accelerating Growth: Unable to compare DV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DV is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).


Return on Equity

High ROE: DV has a negative Return on Equity (-71.93%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Dolly Varden Silver's financial position?


Financial Position Analysis

Short Term Liabilities: DV's short term assets (CA$4.8M) exceed its short term liabilities (CA$638.1K).

Long Term Liabilities: DV has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: DV is debt free.

Reducing Debt: DV had no debt 5 years ago.


Balance Sheet

Inventory Level: DV has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if DV's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: DV has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: DV has less than a year of cash runway if free cash flow continues to reduce at historical rates of -12% each year


Next Steps

Dividend

What is Dolly Varden Silver's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate DV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate DV's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DV's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DV's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

Shawn Khunkhun 0

0

Mr. Shawn Khunkhun has been the Chief Executive Officer and President of Strikepoint Gold Inc. since May 2013. Mr. Khunkhun serves as Vice President of Corporate Development at Genesis Metals Corp. He has  ...


Leadership Team

NamePositionTenureCompensationOwnership
Carla Hartzenberg
Chief Financial Officer2yrsCA$38.72k0.011% CA$2.9k
Shawn Khunkhun
President0yrsno datano data
Alexander Tsakumis
Vice President of Corporate Development2.7yrsno datano data
Bernard Whiting
Vice President of Exploration3.1yrsno data0.036% CA$9.7k

2.7yrs

Average Tenure

Experienced Management: DV's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shawn Khunkhun
President0yrsno datano data
James Sabala
Independent Director3.3yrsCA$15.00kno data
Donald Birak
Independent Director4.6yrsCA$16.50kno data
Robert McLeod
Director & Technical Advisor0yrsno datano data
Darren Devine
Chairman of the Board4.1yrsCA$18.00kno data
Annette Cusworth
Independent Director3.3yrsCA$15.00kno data
Nick Carter
Technical Advisor5.7yrsno datano data
Thomas Wharton
Independent Director4.6yrsCA$15.00kno data

4.3yrs

Average Tenure

55yo

Average Age

Experienced Board: DV's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 31.8%.


Top Shareholders

Company Information

Dolly Varden Silver Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dolly Varden Silver Corporation
  • Ticker: DV
  • Exchange: TSXV
  • Founded: 2011
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: CA$27.126m
  • Shares outstanding: 83.46m
  • Website: https://www.dollyvardensilver.com

Location

  • Dolly Varden Silver Corporation
  • 1055 West Hastings Street
  • Suite 1130
  • Vancouver
  • British Columbia
  • V6E 2E9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DVTSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2012
DOLL.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2012
DVQ1DB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2012
0USBLSE (London Stock Exchange)YesCommon SharesGBCADFeb 2012

Biography

Dolly Varden Silver Corporation engages in the acquisition, development, exploration, and evaluation of mineral properties in Canada. The company explores for gold, silver, and copper deposits. It holds 100% interests in the Dolly Varden project covering an area of 8,800 hectares, as well as Musketeer property located in northwestern British Columbia, Canada; and Big Bulk porphyry copper-gold project located in Canada. The company was incorporated in 2011 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 01:17
End of Day Share Price2020/02/25 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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 here.