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Dolly Varden Silver Acquires Porter Idaho Project

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Dolly Varden Silver Acquires Porter Idaho Project

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Dolly Varden Silver ( (TSE:DV) ) has shared an announcement.

On May 21, 2025, Dolly Varden Silver Corporation announced the acquisition of a 100% interest in the Porter Idaho project, a mineral property in northwestern British Columbia, from Strikepoint Gold Inc. The acquisition involves the issuance of 295,699 common shares as consideration, without cash proceeds. This strategic move, approved by the TSX Venture Exchange and NYSE American, aims to enhance Dolly Varden’s portfolio and strengthen its position in the mining sector.

The most recent analyst rating on (TSE:DV) stock is a Buy with a C$1.60 price target. To see the full list of analyst forecasts on Dolly Varden Silver stock, see the TSE:DV Stock Forecast page.

Spark’s Take on TSE:DV Stock

According to Spark, TipRanks’ AI Analyst, TSE:DV is a Neutral.

Dolly Varden Silver’s overall stock score reflects significant financial challenges, characterized by lack of revenue and consistent losses, offset by a strong equity base and absence of debt. While corporate events show strategic efforts to improve market positioning, technical analysis suggests a cautious approach given current price trends. Valuation concerns persist due to the negative P/E ratio and lack of profitability.

To see Spark’s full report on TSE:DV stock, click here.

More about Dolly Varden Silver

Dolly Varden Silver Corporation is a company operating in the mining industry, primarily focused on the exploration and development of silver properties. The company is listed on multiple stock exchanges including the TSX Venture Exchange, NYSE American, and the Frankfurt Stock Exchange, indicating a broad market focus.

Average Trading Volume: 110,126

Technical Sentiment Signal: Hold

Current Market Cap: C$278.3M

For an in-depth examination of DV stock, go to TipRanks’ Stock Analysis page.

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