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An update from Dolly Varden Silver ( (TSE:DV) ) is now available.
Dolly Varden Silver Corporation has announced its 2025 exploration drilling program at the Kitsault Valley Project, which is fully funded and aims to expand high-grade silver and gold mineralization. The program, set to begin in mid-May, will involve a minimum of 35,000 meters of diamond drilling across various targets, including the Wolf and Homestake Silver deposits, and will also explore new areas with district-scale potential. This initiative is expected to enhance the company’s resource base and demonstrate the scale of the Kitsault Valley Project, potentially strengthening its position in the mining industry and providing significant opportunities for stakeholders.
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 high-grade silver and gold deposits. The company is primarily engaged in projects within the Kitsault Valley, located in the Golden Triangle of British Columbia, a region known for its rich mineral resources.
Average Trading Volume: 104,628
Technical Sentiment Signal: Hold
Current Market Cap: C$302.2M
Find detailed analytics on DV stock on TipRanks’ Stock Analysis page.