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Raymond James Boosts Dolly Varden Silver (CVE:DV) Price Target to C$1.60

Dolly Varden Silver logo with Basic Materials background

Dolly Varden Silver (CVE:DV - Get Free Report) had its price objective raised by equities research analysts at Raymond James from C$1.25 to C$1.60 in a report released on Tuesday, BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. Raymond James' price objective suggests a potential upside of 42.86% from the stock's previous close. Raymond James also issued estimates for Dolly Varden Silver's 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 raised shares of Dolly Varden Silver to a "strong-buy" rating in a report on Thursday, August 15th.

Get Our Latest Research Report on Dolly Varden Silver

Dolly Varden Silver Stock Up 2.8 %

CVE DV traded up C$0.03 during midday trading on Tuesday, hitting C$1.12. The company had a trading volume of 141,881 shares, compared to its average volume of 267,723. The firm has a fifty day simple moving average of C$1.06 and a two-hundred day simple moving average of C$1.03. The stock has a market cap of C$348.01 million, a price-to-earnings ratio of -12.44 and a beta of 1.37. Dolly Varden Silver has a fifty-two week low of C$0.62 and a fifty-two week high of C$1.29.

Dolly Varden Silver (CVE:DV - Get Free Report) last posted its quarterly earnings results on Thursday, August 22nd. The company reported C($0.03) EPS for the quarter, missing the consensus estimate of C($0.02) by C($0.01). As a group, equities analysts predict that Dolly Varden Silver will post 0.01 earnings per share for the current year.

About Dolly Varden Silver

(Get Free Report)

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.

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