Dolly Varden Silver (DV) AI Stock Analysis

• Market Cap: C$290.25M
• Dividend Yield: N/A
• Average Volume (3M): 118.24K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.08
• Revenue Growth: N/A
• EPS Growth: 31.39%
• Country: CA
• Employees: 7
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Silver
• EPS (TTM): -0.28
• Shares Outstanding: 79,519,360
• 10 Day Avg. Volume: 152,594
• 30 Day Avg. Volume: 118,239
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -17.60
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$1.60
• Price Target Upside: -56.16% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

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.

Dolly Varden Silver Business Overview & Revenue Model

Company Description

Dolly Varden Silver Corporation is a Canadian-based mineral exploration company primarily focused on the exploration and development of precious metal resources in British Columbia. The company's core operations center around its flagship Dolly Varden Silver Property, which is situated in the prolific Golden Triangle region known for its rich mineral deposits. Dolly Varden Silver aims to advance its exploration projects to capitalize on the potential of high-grade silver and gold resources.

How the Company Makes Money

Dolly Varden Silver Corporation generates revenue primarily through the exploration and development of its mineral properties, with the ultimate goal of discovering economically viable silver and gold deposits. The company funds its exploration activities through the issuance of shares and strategic partnerships, including joint ventures with other mining companies. Revenue is generated once these exploration projects advance to production stages, allowing the company to sell extracted minerals on the market. Additionally, Dolly Varden may earn income through the sale or optioning of its properties to other mining entities, leveraging its assets to create value for shareholders.

Dolly Varden Silver Financial Statement Overview

Summary

Dolly Varden Silver is in a challenging financial situation. The company reports consistent losses and no revenue generation, typical of its early-stage mining focus. However, it benefits from a strong equity base with no debt, offsetting some risks of operational inefficiency and cash burn.

Income Statement

Dolly Varden Silver's financials show consistent losses with no revenue generation over several years. The TTM (Trailing-Twelve-Months) reported a significant net loss of CAD 20.65 million and negative EBIT and EBITDA margins, indicating operational inefficiency. The lack of revenue and consistent negative profit margins highlight the company's struggle to generate income, which is a common challenge in the mining industry during exploration phases.

Balance Sheet

The balance sheet indicates financial stability with a strong equity base and no debt, evidenced by a healthy equity ratio and a debt-to-equity ratio of zero. The company has maintained a positive cash position over the years, supported by equity financing. However, the reliance on external financing to cover operational losses may pose future risks if cash reserves are depleted without achieving revenue growth.

Cash Flow

Operating cash flows have been negative, reflecting ongoing cash burn due to lack of revenues. While the company has successfully raised funds through financing activities, free cash flow remains negative, indicating a reliance on external capital to sustain operations. This pattern suggests a need for generating operational cash flows to ensure long-term sustainability.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
-54.89K	-61.97K	-37.04K	-17.52K	-20.14K
	EBIT
-30.80M	-21.92M	-9.30M	-7.65M	-5.81M
	EBITDA
-26.19M	-21.74M	-9.20M	-7.25M	-5.76M
	Net Income Common Stockholders
-26.65M	-16.35M	-8.13M	-7.20M	-4.92M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
9.98M	28.50M	15.48M	23.65M	3.82M
	Total Assets
82.75M	100.24M	20.19M	28.07M	8.39M
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-9.98M	-28.50M	-15.48M	-23.65M	-3.82M
	Total Liabilities
804.05K	4.10M	343.67K	1.42M	362.98K
	Stockholders Equity
81.95M	96.14M	19.85M	26.66M	8.03M
Cash Flow		Free Cash Flow
-29.00M	-25.90M	-8.28M	-6.36M	-5.70M
	Operating Cash Flow
-28.99M	-19.66M	-8.08M	-6.18M	-5.70M
	Investing Cash Flow
-14.13K	-6.24M	-199.58K	-172.10K	-1.38K
	Financing Cash Flow
10.49M	38.92M	118.75K	26.18M	6.96M

Dolly Varden Silver Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DV, the sentiment is Negative. The current price of 3.65 is below the 20-day moving average (MA) of 3.80, below the 50-day MA of 4.00, and below the 200-day MA of 4.26, indicating a bearish trend. The MACD of -0.09 indicates Negative momentum. The RSI at 47.24 is Neutral, neither overbought nor oversold. The STOCH value of 47.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:DV.

Dolly Varden Silver Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SVM	77 Outperform	$1.12B	10.37	11.68%	0.69%	31.23%	110.49%
Sector *	49 Neutral	$1.95B	-1.59	-21.99%	3.77%	0.61%	-27.45%
MMG	44 Neutral	C$44.73M	―	-55.36%	―	―	41.78%
DV	42 Neutral	C$290.25M	―	-22.47%	―	―	31.39%
IPT	42 Neutral	C$45.77M	―	-16.38%	―	36.99%	-153.27%
BHS	23 Underperform	C$12.27M	―	-9999.00%	―	―	-150.85%

Dolly Varden Silver Corporate Events

Dolly Varden Silver to List on NYSE American

Dolly Varden Silver Corporation announced the approval of its common shares for listing on the NYSE American, expected to begin trading under the symbol ‘DVS’ on April 21, 2025. This move is anticipated to enhance access to U.S. equity markets, potentially increasing value for shareholders and attracting American investors interested in high-grade silver opportunities.

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.

Dolly Varden Silver Engages ICP Securities for Market Making Services

Dolly Varden Silver Corporation has engaged ICP Securities Inc. to provide automated market making services, utilizing ICP’s proprietary algorithm to enhance liquidity and correct temporary imbalances in the supply and demand of the company’s shares. This strategic move is expected to improve the trading efficiency of Dolly Varden’s shares, potentially enhancing its market positioning and providing better value for stakeholders.

Dolly Varden Silver Seeks NYSE American Listing and Announces Share Consolidation

Dolly Varden Silver Corporation has applied to list its common shares on the NYSE American, aiming to enhance access to larger equity markets and attract American investors. In preparation for this listing, the company will consolidate its shares, reducing the number of outstanding shares significantly, which is expected to provide better value for shareholders and improve marketability.

Dolly Varden Silver Grants Stock Options and RSUs to Team

Dolly Varden Silver Corporation has announced the grant of stock options and restricted share units (RSUs) to its directors, officers, and consultants. The stock options allow the purchase of 2,194,000 common shares at $1.00 per share, expiring in 2030, while the RSUs, totaling 949,000, will vest over three years. This move is part of the company’s strategy to incentivize its team as it advances its mineral exploration projects in British Columbia.

Dolly Varden Silver Reports Significant Drill Results at Homestake Silver Deposit

Dolly Varden Silver Corporation announced promising drill results from its 2024 exploration program at the Homestake Silver deposit, part of the Homestake Ridge Property in British Columbia’s Golden Triangle. These results have expanded and infilled high-grade gold and silver zones, highlighting significant mineralization, which positions Dolly Varden for continued exploration success. The company is preparing for its fully funded 2025 drill program, aiming to further expand these zones and enhance its resource base, indicating positive implications for its stakeholders and market positioning.