Raymond James Raises Dolly Varden Silver (CVE:DV) Price Target to C$1.25

Dolly Varden Silver (CVE:DV) had its price target hoisted by research analysts at Raymond James from C$1.10 to C$1.25 in a research note issued on Tuesday, BayStreet.CA reports. Raymond James’ price objective indicates a potential upside of 30.21% from the company’s current price.

Dolly Varden Silver Price Performance

Shares of DV remained flat at C$0.96 during trading hours on Tuesday. 114,989 shares of the stock were exchanged, compared to its average volume of 269,963. The firm has a 50 day moving average price of C$0.83 and a two-hundred day moving average price of C$0.80. The stock has a market cap of C$273.26 million, a P/E ratio of -9.60 and a beta of 1.50. Dolly Varden Silver has a 52-week low of C$0.58 and a 52-week high of C$1.15.

Dolly Varden Silver (CVE:DV) last announced its earnings results on Wednesday, March 27th. The company reported C($0.02) earnings per share for the quarter. Equities analysts anticipate that Dolly Varden Silver will post 0.01 earnings per share for the current fiscal year.

Dolly Varden Silver Company Profile

Dolly Varden Silver Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silver, lead, zinc, and copper deposits. It holds 100% interests in the Kitsault Valley project, which comprises the Dolly Varden property and the Homestake Ridge property covering an area of 163 square kilometers located in Golden Triangle of British Columbia, Canada; and the Big Bulk property located in Canada.