Dolly Varden Silver (CVE:DV) Price Target Increased to C$1.60 by Analysts at Raymond James

Dolly Varden Silver (CVE:DV) had its target price raised by Raymond James from C$1.25 to C$1.60 in a research report issued to clients and investors on Tuesday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Raymond James’ price target points to a potential upside of 45.45% from the stock’s current price. 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 upgraded shares of Dolly Varden Silver to a “strong-buy” rating in a research note on Thursday, August 15th.

Dolly Varden Silver Stock Up 0.9 %

Dolly Varden Silver stock traded up C$0.01 during trading hours on Tuesday, hitting C$1.10. The stock had a trading volume of 117,368 shares, compared to its average volume of 267,576. The stock has a market capitalization of C$341.79 million, a P/E ratio of -12.28 and a beta of 1.37. Dolly Varden Silver has a 12-month low of C$0.62 and a 12-month high of C$1.29. The stock’s 50-day moving average price is C$1.06 and its 200-day moving average price is C$1.03.

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

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.