Dolly Varden Silver (CVE:DV) Price Target Raised to C$1.25

Dolly Varden Silver (CVE:DV) had its price target upped by Raymond James from C$1.10 to C$1.25 in a report issued on Tuesday, BayStreet.CA reports. Raymond James’ price target would suggest a potential upside of 32.98% from the company’s previous close.

Dolly Varden Silver Stock Down 1.1 %

Dolly Varden Silver stock opened at C$0.94 on Tuesday. The company has a market capitalization of C$267.57 million, a P/E ratio of -9.40 and a beta of 1.50. Dolly Varden Silver has a twelve month low of C$0.58 and a twelve month high of C$1.15. The stock’s 50 day moving average is C$0.83 and its 200 day moving average is C$0.80.

Dolly Varden Silver (CVE:DV) last released its quarterly earnings data on Wednesday, March 27th. The company reported C($0.02) earnings per share (EPS) for the quarter. As a group, equities analysts expect that Dolly Varden Silver will post 0.01 EPS for the current year.

About Dolly Varden Silver

Dolly Varden Silver Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silver, lead, zinc, and copper deposits. It holds 100% interests in the Kitsault Valley project, which comprises the Dolly Varden property and the Homestake Ridge property covering an area of 163 square kilometers located in Golden Triangle of British Columbia, Canada; and the Big Bulk property located in Canada.