Dolly Varden Silver (CVE:DV) Trading Down 5.2% – What’s Next?

Dolly Varden Silver Co. (CVE:DV) dropped 5.2% on Tuesday . The company traded as low as C$6.01 and last traded at C$6.39. Approximately 152,537 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 310,721 shares. The stock had previously closed at C$6.74.

Dolly Varden Silver Price Performance

The firm’s fifty day moving average is C$6.60 and its 200-day moving average is C$6.16. The firm has a market cap of C$561.31 million, a price-to-earnings ratio of -18.52 and a beta of 2.08.

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. Dolly Varden Silver Corporation was incorporated in 2011 and is headquartered in Vancouver, Canada.