Dolly Varden Silver (DV) AI Stock Analysis

• Market Cap: C$360.07M
• Dividend Yield: N/A
• Average Volume (3M): 345.15K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.20
• Revenue Growth: N/A
• EPS Growth: 31.41%
• Country: CA
• Employees: 4
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Mining
• EPS (TTM): -0.07
• Shares Outstanding: 317,242,580
• 10 Day Avg. Volume: 349,483
• 30 Day Avg. Volume: 345,150
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -19.10
• 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: 46.79% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Dolly Varden Silver's stock is positioned in a challenging spot due to its current financial performance, marked by no revenue and consistent losses. However, its strong equity base, lack of debt, and positive technical indicators provide some optimism. Recent corporate events highlight strategic progress in exploration, suggesting potential future growth. Valuation concerns remain due to negative earnings, but strategic initiatives could improve long-term prospects.

Dolly Varden Silver Business Overview & Revenue Model

Company Description

Dolly Varden Silver (DV) is a mineral exploration company primarily engaged in the acquisition, exploration, and development of precious metal resource properties. The company operates within the mining sector and focuses on silver and gold projects. Its flagship project is the Dolly Varden Silver Property, located in northwestern British Columbia, Canada, which is known for its high-grade silver deposits. Dolly Varden Silver is committed to advancing its projects through exploration and development activities with the goal of expanding its resource base and maximizing shareholder value.

How the Company Makes Money

Dolly Varden Silver makes money by exploring and developing mineral properties to identify economically viable silver and gold deposits. The company generates revenue primarily through the sale of silver and gold extracted from its properties. Additionally, Dolly Varden may engage in strategic partnerships or joint ventures with other mining companies to share the costs and benefits of exploration and development activities. The success of these operations depends significantly on the market prices of silver and gold, exploration results, and the efficient management of operational costs. The company may also raise funds through equity financing to support its exploration and development efforts.

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
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-24.50K	-54.89K	-61.97K	-37.04K	-17.52K	-20.14K
	EBIT
-25.96M	-30.80M	-21.92M	-9.30M	-7.65M	-5.81M
	EBITDA
-25.86M	-26.19M	-21.74M	-9.20M	-7.25M	-5.76M
	Net Income Common Stockholders
-20.65M	-26.65M	-16.35M	-8.13M	-7.20M	-4.92M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
34.18M	9.98M	28.50M	15.48M	23.65M	3.82M
	Total Assets
106.25M	82.75M	100.24M	20.19M	28.07M	8.39M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-32.06M	-9.98M	-28.50M	-15.48M	-23.65M	-3.82M
	Total Liabilities
4.40M	804.05K	4.10M	343.67K	1.42M	362.98K
	Stockholders Equity
101.85M	81.95M	96.14M	19.85M	26.66M	8.03M
Cash Flow		Free Cash Flow
-21.32M	-29.00M	-25.90M	-8.28M	-6.36M	-5.70M
	Operating Cash Flow
-21.14M	-28.99M	-19.66M	-8.08M	-6.18M	-5.70M
	Investing Cash Flow
-2.29M	-14.13K	-6.24M	-199.58K	-172.10K	-1.38K
	Financing Cash Flow
45.51M	10.49M	38.92M	118.75K	26.18M	6.96M

Dolly Varden Silver Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DV, the sentiment is Positive. The current price of 1.09 is above the 20-day moving average (MA) of 1.02, above the 50-day MA of 1.01, and above the 200-day MA of 1.08, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 56.82 is Neutral, neither overbought nor oversold. The STOCH value of 83.48 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	$1.30B	12.01	11.68%	0.61%	31.23%	110.49%
DV	52 Neutral	C$360.07M	―	-22.47%	―	―	31.41%
Sector *	47 Neutral	$2.68B	-4.00	-28.59%	3.28%	2.32%	-29.47%
MMG	46 Neutral	C$40.26M	―	-62.60%	―	―	18.07%
IPT	42 Neutral	$53.20M	―	-16.38%	―	36.99%	-153.27%
BHS	23 Underperform	C$16.86M	―	-4989.61%	―	―	-150.85%

Dolly Varden Silver Corporate Events

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.

Dolly Varden Silver Reports Promising Wolf Vein Drilling Results

Dolly Varden Silver has announced significant results from its drilling activities at the Wolf Vein, including a notable 120-meter step-out intersecting high-grade silver and mineralized zones. These results highlight the potential for substantial resource expansion, with the silver mineralization now extending over 1,100 meters. The company’s successful 2024 exploration program has set the stage for further drilling in 2025, aiming to bolster its resource base and enhance its positioning in the mining sector.