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Dolly Varden Silver and Contango ORE Announce Merger Agreement

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Dolly Varden Silver and Contango ORE Announce Merger Agreement

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The latest announcement is out from Dolly Varden Silver ( (TSE:DV) ).

On December 7, 2025, Dolly Varden Silver Corporation entered into a merger-of-equals agreement with Contango ORE, Inc. This strategic move aims to combine both companies under a statutory plan of arrangement, creating a new entity named Contango Silver & Gold Inc. The merger will result in both companies’ shareholders owning approximately 50% each of the merged entity. The transaction is subject to regulatory approvals and shareholder votes, with completion expected in early 2026. This merger is anticipated to enhance the companies’ market positioning and operational capabilities 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 operates in the mining industry, focusing on the exploration and development of silver projects. The company is based in Vancouver, Canada, and is involved in activities related to silver mining and exploration.

Average Trading Volume: 216,794

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$578M

Learn more about DV stock on TipRanks’ Stock Analysis page.

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