How does 0A61's PB Ratio compare to its peers?

0A61 is expensive based on its Price-To-Book Ratio (2.3x) compared to the peer average (0.9x).

How does 0A61's PB Ratio compare vs other companies in the GB Metals and Mining Industry?

0A61 is expensive based on its Price-To-Book Ratio (2.3x) compared to the UK Metals and Mining industry average (0.9x).

What is 0A61's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 0A61's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of 0A61 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate 0A61's fair value for valuation analysis.

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

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

0A61 Stock Overview

A mineral exploration company, engages in the exploration and development of polymetallic mineral deposits. More details

0A61 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Analysts in good agreement that stock price will rise by 227.2%

Risk Analysis

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

Has less than 1 year of cash runway

Highly volatile share price over the past 3 months compared to the UK market

Currently unprofitable and not forecast to become profitable over the next 3 years

My Notes

Capture your thoughts, links and company narrative

Discovery Silver Corp. Competitors

Ecora Resources

LSE:ECOR

UK£151.8m

Capital

LSE:CAPD

UK£163.3m

Anglo Asian Mining

AIM:AAZ

UK£121.1m

Jubilee Metals Group

AIM:JLP

UK£117.4m

Price History & Performance

Summary of share price highs, lows and changes for Discovery Silver
Historical stock prices
Current Share Price	CA$0.66
52 Week High	CA$1.32
52 Week Low	CA$0.55
Beta	2.41
1 Month Change	-23.84%
3 Month Change	-15.48%
1 Year Change	-19.63%
3 Year Change	-68.96%
5 Year Change	n/a
Change since IPO	-61.92%

Recent updates

Shareholder Returns

	0A61	GB Metals and Mining	GB Market
7D	-15.5%	-3.8%	-2.2%
1Y	-19.6%	-14.0%	2.4%

Return vs Industry: 0A61 underperformed the UK Metals and Mining industry which returned -14% over the past year.

Return vs Market: 0A61 underperformed the UK Market which returned 2.4% over the past year.

Price Volatility

Is 0A61's price volatile compared to industry and market?
0A61 volatility
0A61 Average Weekly Movement	14.6%
Metals and Mining Industry Average Movement	7.8%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.5%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0A61's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: 0A61's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

Founded	Employees	CEO	Website
1986	69	Tony Makuch	discoverysilver.com

Discovery Silver Corp., a mineral exploration company, engages in the exploration and development of polymetallic mineral deposits. The company’s flagship property is the Cordero silver project, comprising 26 contiguous claims that covers an area of 34,909 hectares located in the Chihuahua state, Mexico. The company was formerly known as Discovery Metals Corp. and changed its name to Discovery Silver Corp. Discovery Silver Corp. was incorporated in 1986 and is headquartered in Toronto, Canada.

Discovery Silver Corp. Fundamentals Summary

How do Discovery Silver's earnings and revenue compare to its market cap?
0A61 fundamental statistics
Market cap	CA$272.31m
Earnings (TTM)	-CA$18.64m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-14.6x

P/E Ratio

Is 0A61 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0A61 income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$18.64m
Earnings	-CA$18.64m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.047
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did 0A61 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 06:32
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 .

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
Ralph Profiti	Eight Capital

0A61 Stock Overview

Rewards

Risk Analysis

Discovery Silver Corp. Competitors

LSE:ECOR

UK£151.8m

LSE:CAPD

UK£163.3m

AIM:AAZ

UK£121.1m

AIM:JLP

UK£117.4m

Price History & Performance

Recent News & Updates

New major risk - Revenue and earnings growth

New major risk - Financial position

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

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

Recent updates

New major risk - Revenue and earnings growth

New major risk - Financial position

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

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

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

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

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

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

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

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

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

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

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

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

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

Discovery Silver Corp. Intercepts 337 g/t AgEq over 34 m and 606 g/t AgEq over 18 m Below the PEA Open Pit at Cordero

Discovery Silver Corp., Annual General Meeting, Jun 24, 2022

Discovery Silver Corp. Appoints Tony Makuch to its Board of Directors

Discovery Silver Corp. Intercepts 328 G/T Ageq over 46 M Outside Current Resource At Cordero

Independent Director recently sold CA$599k worth of stock

Discovery Silver Corp. Intersects 247 g/t AgEq over 50 m in Phase 2 Drilling at Cordero

Discovery Silver Corp. Files on SEDAR Its National Instrument 43-101 (“NI 43-101”) Technical Report Titled Preliminary Economic Assessment of Thecordero Silver Project Chihuahua State, Mexico, in Respect of Discovery’s Cordero Deposit in Mexico

Independent Chairman of the Board recently bought CA$181k worth of stock

Discovery Silver Corp. Announce Results from Its Metallurgical Test Program on Representative Samples from the Cordero Deposit

Discovery Silver Corp. Intersects 194 G/T AgEq over 217 M in Final Drilling for Upcoming Resource Estimate At Cordero

Discovery Silver Corp. Announces Results from 21 Diamond Drill Holes Targeting Bulk-Tonnage Mineralization in the North Corridor at its Cordero Silver Project in Chihuahua State, Mexico

Discovery Silver Corp. Announces Results from 13 Diamond Drill Holes Drilled Along the Josefina High-Grade Vein Trend At Its Cordero Project

Independent Director C. Chevillon has left the company

Director Jesus Miguel Hernandez-Garza has left the company

Discovery Silver Corp. Announce Results from 12 Diamond Drill Holes Targeting Bulk-Tonnage Mineralization At Its Cordero Silver Project

Independent Director recently sold CA$76k worth of stock

Discovery Silver Corp. Announce Results from 12 Diamond Drill Holes Targeting the Josefina and Todos Santos High-Grade Vein Trends At Its Flagship Cordero Project Located in Chihuahua State, Mexico

Discovery Silver Corp Provides Project Update

Insider recently sold CA$246k worth of stock

Independent Director recently sold CA$444k worth of stock

Independent Director recently sold CA$1.1m worth of stock

Discovery Reports Results from 14 Diamond Drill Holes Targeting the Josefina and Todos Santos High-Grade Vein Trends At Its Flagship Cordero Project

Discovery Metals Corp. Appoints Jennifer Wagner to the Board of Directors

Independent Director recently sold CA$67k worth of stock

Independent Director recently sold CA$190k worth of stock

Discovery Significantly Expands Higher-Grade Bulk-Tonnage Domain At Cordero