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Discovery Silver Corp (TSE:DSV)
OTHER OTC:DSV
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Discovery Silver (DSV) AI Stock Analysis

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TSE:DSV

Discovery Silver

(OTC:DSV)

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Outperform 76 (OpenAI - 5.2)
Rating:76Outperform
Price Target:
C$8.50
▼(-22.16% Downside)
Action:Upgraded
Date:05/15/26
The score is driven primarily by strong near-term financial performance (high margins and very low leverage), supported by a technically positive trend (price above major moving averages with positive MACD). The main offsets are cash-flow conversion/FCF sustainability concerns and only moderate valuation support (P/E ~18.55, no dividend data).
Positive Factors
Conservative Balance Sheet
Extremely low leverage (D/E ~0.016) gives durable financial flexibility to fund project development, absorb operational setbacks, and pursue permitting or capex without forced asset sales. This materially lowers solvency risk and preserves strategic optionality over months to years.
Negative Factors
Limited Operating Track Record
A short operational history with prior zero-revenue and loss-making years means current profitability has not been proven through a full cycle. Continued earnings depend on successful project execution and steady operations, raising execution and sustainability risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Extremely low leverage (D/E ~0.016) gives durable financial flexibility to fund project development, absorb operational setbacks, and pursue permitting or capex without forced asset sales. This materially lowers solvency risk and preserves strategic optionality over months to years.
Read all positive factors

Discovery Silver (DSV) vs. iShares MSCI Canada ETF (EWC)

Discovery Silver Business Overview & Revenue Model

Company Description
Discovery Silver Corp. is a company primarily engaged in the exploration and development of polymetallic mineral deposits. Its flagship asset is the Cordero silver project, an extensive holding situated in Mexico's Chihuahua state. This significan...
How the Company Makes Money
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Discovery Silver Financial Statement Overview

Summary
Strong TTM step-change into profitability with high margins (gross ~43.6%, operating ~29.2%, net ~16.3%) and very low leverage (debt-to-equity ~0.016). Main risks are limited history of sustained operations (prior zero-revenue/loss periods) and weaker cash conversion with FCF materially below net income.
Income Statement
82
Very Positive
Balance Sheet
90
Very Positive
Cash Flow
74
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Mar 2023Mar 2022
Income Statement
Total Revenue1.19B912.73M0.000.000.000.00
Gross Profit550.84M389.93M-379.06K-363.74K-289.34K-191.75K
EBITDA551.00M377.94M-20.40M-15.37M-40.80M-35.27M
Net Income237.48M149.24M-20.90M-15.75M-41.10M-35.47M
Balance Sheet
Total Assets1.80B1.79B85.39M109.98M68.25M84.53M
Cash, Cash Equivalents and Short-Term Investments385.21M409.92M20.60M44.63M34.84M55.59M
Total Debt10.98M6.59M1.02M309.01K409.75K32.22K
Total Liabilities1.14B1.17B7.57M12.53M1.81M1.34M
Stockholders Equity663.85M626.34M77.82M97.44M66.45M83.20M
Cash Flow
Free Cash Flow194.86M175.21M-21.25M-26.63M-29.45M-29.27M
Operating Cash Flow491.40M384.34M-14.42M-1.15M-29.14M-24.65M
Investing Cash Flow-558.60M-465.73M-6.83M-25.42M10.87M-4.62M
Financing Cash Flow478.35M475.57M715.14K36.78M10.79M18.99M

Discovery Silver Technical Analysis

Technical Analysis Sentiment
Negative
Last Price10.92
Price Trends
50DMA
8.78
Negative
100DMA
9.17
Negative
200DMA
8.11
Negative
Market Momentum
MACD
-0.18
Positive
RSI
42.77
Neutral
STOCH
19.81
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DSV, the sentiment is Negative. The current price of 10.92 is above the 20-day moving average (MA) of 8.20, above the 50-day MA of 8.78, and above the 200-day MA of 8.11, indicating a bearish trend. The MACD of -0.18 indicates Positive momentum. The RSI at 42.77 is Neutral, neither overbought nor oversold. The STOCH value of 19.81 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:DSV.

Discovery Silver Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
C$11.85B28.3810.82%0.12%110.86%
78
Outperform
C$3.90B8.2920.79%-4.16%116.44%
78
Outperform
C$27.16B14.5219.65%0.88%32.74%255.77%
76
Outperform
C$6.81B20.3840.33%
69
Neutral
C$3.42B-241.02-1.30%0.29%45.46%-115.31%
67
Neutral
C$4.03B32.1320.80%313.42%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:DSV
Discovery Silver
8.40
5.42
181.88%
TSE:AG
First Majestic Silver
24.00
12.76
113.43%
TSE:FVI
Fortuna Mining Corp
12.08
3.17
35.58%
TSE:PAAS
Pan American Silver
64.47
26.23
68.57%
TSE:SVM
Silvercorp Metals
15.47
9.72
168.86%
TSE:AYA
Aya Gold & Silver
28.13
15.88
129.63%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 15, 2026