Discovery Silver (TSE:DSV) Shares Down 4.7% – Here’s What Happened

Shares of Discovery Silver Corp. (TSE:DSVGet Free Report) traded down 4.7% during trading on Thursday . The company traded as low as C$8.17 and last traded at C$8.40. 2,654,810 shares traded hands during trading, a decline of 13% from the average session volume of 3,063,718 shares. The stock had previously closed at C$8.81.

Discovery Silver Trading Down 4.7%

The company has a market cap of C$6.78 billion, a PE ratio of 186.00 and a beta of 2.38. The company’s 50 day moving average is C$7.50 and its 200 day moving average is C$5.33.

Discovery Silver (TSE:DSVGet Free Report) last released its quarterly earnings data on Thursday, November 13th. The company reported C$0.08 earnings per share for the quarter. The business had revenue of C$329.95 million during the quarter.

About Discovery Silver

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Discovery Silver Corp is an exploration and development company building a large-scale, high-margin silver asset in Mexico. Its flagship project is the Cordero project, one of the few silver projects globally that offer margin, size, and scaleability. The project is located in a prolific mining belt in Chihuahua State, Mexico.

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