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Dolly Varden Silver ( (TSE:DV) ) has issued an update.
On May 28, 2025, Dolly Varden Silver Corporation announced the commencement of its 2025 Exploration Drill Program at the Kitsault Valley Project, utilizing four drill rigs. The program, which began in early May, aims to explore and expand mineralization at the Moose Vein and Red Point targets, with a focus on the high-grade Wolf Vein. This initiative is expected to enhance the company’s position in the precious metals exploration industry by targeting significant expansion potential and adding value to its advanced exploration projects.
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 high-grade undeveloped precious metals assets in British Columbia’s Golden Triangle. The company’s Kitsault Valley Project includes past producing silver mines and is prospective for further precious metal deposits. It also contains the Big Bulk property, which is prospective for porphyry and skarn mineralization.
Average Trading Volume: 114,674
Technical Sentiment Signal: Hold
Current Market Cap: C$304.9M
For detailed information about DV stock, go to TipRanks’ Stock Analysis page.