Dolly Varden Silver Co. (CVE:DV) Director Sells C$29,400.00 in Stock

Dolly Varden Silver Co. (CVE:DV) Director Robert John Mcleod sold 30,000 shares of the company’s stock in a transaction on Friday, January 17th. The shares were sold at an average price of C$0.98, for a total transaction of C$29,400.00.

Dolly Varden Silver Price Performance

Shares of CVE:DV remained flat at C$0.98 on Friday. 131,566 shares of the company’s stock were exchanged, compared to its average volume of 166,846. The firm has a market cap of C$308.03 million, a P/E ratio of -10.89 and a beta of 1.38. Dolly Varden Silver Co. has a 1 year low of C$0.62 and a 1 year high of C$1.46. The company’s fifty day moving average price is C$1.03 and its two-hundred day moving average price is C$1.09.

Wall Street Analyst Weigh In

Separately, Raymond James raised their price objective on 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 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.