Dolly Varden Silver (CVE:DV) Stock Price Down 0.5% – What’s Next?

Dolly Varden Silver Co. (CVE:DV) traded down 0.5% during trading on Monday . The company traded as low as C$0.93 and last traded at C$0.95. 173,500 shares were traded during trading, a decline of 5% from the average session volume of 183,200 shares. The stock had previously closed at C$0.95.

Wall Street Analyst Weigh In

Separately, Raymond James raised their price target on shares of Dolly Varden Silver from C$1.25 to C$1.60 and gave the company an “outperform” rating in a report on Tuesday, October 1st.

Dolly Varden Silver Trading Down 0.5 %

The company has a market cap of C$297.03 million, a P/E ratio of -10.50 and a beta of 1.38. The company’s 50-day moving average price is C$1.06 and its two-hundred day moving average price is C$1.10.

Insider Activity at Dolly Varden Silver

In other news, Director Darren Devine sold 75,776 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of C$1.22, for a total transaction of C$92,446.72. Also, Director Robert John Mcleod sold 250,000 shares of the company’s stock in a transaction on Monday, October 21st. The stock was sold at an average price of C$1.39, for a total value of C$346,925.00. Insiders sold a total of 338,276 shares of company stock valued at $455,259 over the last three months. 43.56% of the stock is owned by insiders.

About Dolly Varden Silver

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.