Dolly Varden Silver Expands in Golden Triangle with Strategic Acquisition

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

On May 15, 2025, Dolly Varden Silver Corporation announced a definitive agreement to acquire MTB Metals Corp.’s interests in four properties in the Golden Triangle, enhancing its position in the region. This acquisition includes historic silver and copper producers and is expected to consolidate Dolly Varden’s ground position, making it a dominant advanced explorer in the area. The transaction involves issuing up to 500,000 common shares to MTB Metals and is subject to customary closing conditions.

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 mineral exploration company focused on advancing its 100% held Kitsault Valley Project in the Golden Triangle of British Columbia, Canada. The project hosts high-grade silver and gold resources, including the past producing Dolly Varden and Torbrit silver mines, and is considered prospective for further precious metal deposits.

Average Trading Volume: 107,216

Technical Sentiment Signal: Hold

Current Market Cap: C$296.6M

See more insights into DV stock on TipRanks’ Stock Analysis page.