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Dolly Varden Silver and Contango ORE Announce Merger to Form Contango Silver & Gold Inc.

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Dolly Varden Silver and Contango ORE Announce Merger to Form Contango Silver & Gold Inc.

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An announcement from Dolly Varden Silver ( (TSE:DV) ) is now available.

On December 8, 2025, Dolly Varden Silver Corporation and Contango ORE, Inc. announced a merger to form a new entity, Contango Silver & Gold Inc., aimed at becoming a mid-tier silver and gold producer in North America. The merger combines their North American assets, including the cash-generating Manh Choh gold mine in Alaska and several high-grade projects in British Columbia and Alaska. The merger is expected to enhance the company’s market presence, leverage high-grade development projects, and provide a well-funded platform for growth, benefiting shareholders with increased market capitalization and trading liquidity.

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, primarily focusing on the exploration and development of high-grade silver and gold projects. The company is based in Vancouver, Canada, and is known for its significant land position in the Golden Triangle, a prominent mining district.

Average Trading Volume: 204,036

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$591.6M

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

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