Dolly Varden Silver (CVE:DV) Given New C$1.60 Price Target at Raymond James

Dolly Varden Silver (CVE:DV) had its price objective lifted by Raymond James from C$1.25 to C$1.60 in a report published on Tuesday, BayStreet.CA reports. Raymond James currently has an outperform rating on the stock. Raymond James also issued estimates for Dolly Varden Silver’s FY2024 earnings at ($0.07) EPS, Q1 2025 earnings at $0.00 EPS, Q2 2025 earnings at ($0.03) EPS, Q3 2025 earnings at ($0.03) EPS, Q4 2025 earnings at ($0.01) EPS and FY2025 earnings at ($0.06) EPS.

Separately, Haywood Securities upgraded shares of Dolly Varden Silver to a strong-buy rating in a research report on Thursday, August 15th.

Dolly Varden Silver Price Performance

DV opened at C$1.15 on Tuesday. Dolly Varden Silver has a fifty-two week low of C$0.62 and a fifty-two week high of C$1.29. The company’s 50-day moving average is C$1.07 and its 200 day moving average is C$1.04. The firm has a market capitalization of C$357.33 million, a P/E ratio of -12.78 and a beta of 1.37.

Dolly Varden Silver (CVE:DV) last released its earnings results on Thursday, August 22nd. The company reported C($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.02) by C($0.01). On average, equities research analysts expect that Dolly Varden Silver will post 0.01 earnings per share for the current year.

Dolly Varden Silver Company Profile

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