Dolly Varden Silver (CVE:DV) Stock Price Down 1% – What’s Next?

Dolly Varden Silver Co. (CVE:DV)’s stock price dropped 1% during trading on Friday . The company traded as low as C$0.98 and last traded at C$1.02. Approximately 330,211 shares were traded during mid-day trading, an increase of 17% from the average daily volume of 281,648 shares. The stock had previously closed at C$1.03.

Dolly Varden Silver Stock Down 1.0 %

The company has a market capitalization of C$313.54 million, a P/E ratio of -13.09 and a beta of 1.38. The company has a 50 day simple moving average of C$0.99 and a two-hundred day simple moving average of C$1.07.

Insider Activity

In related news, Director Robert John Mcleod sold 30,000 shares of Dolly Varden Silver stock in a transaction dated Friday, January 17th. The shares were sold at an average price of C$0.98, for a total transaction of C$29,400.00. Corporate insiders own 43.56% of the company’s stock.

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.