Dolly Varden Silver (DV) AI Stock Analysis

• Market Cap: C$342.24M
• Dividend Yield: N/A
• Average Volume (3M): 248.04K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.60
• Revenue Growth: N/A
• EPS Growth: -5.25%
• Country: CA
• Employees: 7
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Silver
• EPS (TTM): -0.07
• Shares Outstanding: 91,999,470
• 10 Day Avg. Volume: 291,605
• 30 Day Avg. Volume: 248,044
• PEG Ratio: -0.04
• Price to Book (P/B): 3.83
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -15.70
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.06
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: C$3.50 ▼(-47.05% Downside)
• Action: Reiterated Date: 03/15/26
• Date: Action: Reiterated 03/15/26

The score is mainly pressured by weak financial quality (no revenue, widening losses, and rising cash burn) and bearish technical signals (trading below major moving averages with weak momentum). A debt-free balance sheet provides some offset, but valuation signals are limited due to negative earnings and no dividend data.

Positive Factors

Debt-free balance sheet

Having zero reported debt materially reduces refinancing and interest-rate risk for an exploration-stage miner. This structural strength preserves flexibility to time financings, supports continued exploration spending in downturns, and lowers fixed-cost obligations that could otherwise pressure scarce cash resources.

Negative Factors

Pre-revenue operating profile

Lack of operating revenue means the business model is fully dependent on successful exploration outcomes and external financings to realize value. Without production cashflows, margins and profitability remain hypothetical, extending time and execution risk before investors can expect sustainable returns.

Dolly Varden Silver Business Overview & Revenue Model

Company Description

Dolly Varden Silver Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silver, lead, zinc, and copper deposits. It holds 100% interests in the Kitsault Valley projec...

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Dolly Varden Silver Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silver, lead, zinc, and copper deposits. It holds 100% interests in the Kitsault Valley projec...

How the Company Makes Money

As an exploration-stage company, Dolly Varden Silver generally does not generate recurring operating revenue from selling metals because it is primarily focused on exploring and advancing mineral projects rather than mining and production. Its fun...

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As an exploration-stage company, Dolly Varden Silver generally does not generate recurring operating revenue from selling metals because it is primarily focused on exploring and advancing mineral projects rather than mining and production. Its fun...

Dolly Varden Silver Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-36.56K	-48.06K	-54.89K	-61.97K	-37.04K
EBITDA	-37.13M	-25.77M	-26.19M	-21.74M	-9.20M
Net Income	-31.74M	-20.65M	-26.65M	-19.27M	-8.13M
Balance Sheet
Total Assets	143.44M	106.25M	82.75M	100.24M	20.19M
Cash, Cash Equivalents and Short-Term Investments	61.08M	34.18M	9.98M	28.50M	15.48M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	11.01M	4.40M	804.05K	4.10M	343.67K
Stockholders Equity	132.43M	101.85M	81.95M	96.14M	19.85M
Cash Flow
Free Cash Flow	-32.29M	-21.32M	-29.00M	-25.90M	-8.28M
Operating Cash Flow	-32.28M	-21.14M	-28.99M	-19.66M	-8.08M
Investing Cash Flow	1.88M	-2.29M	-14.13K	-6.24M	-199.58K
Financing Cash Flow	59.42M	45.51M	10.49M	38.92M	118.75K

Dolly Varden Silver Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.61
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

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 6.61 is above the 20-day moving average (MA) of 5.11, above the 50-day MA of 6.06, and above the 200-day MA of 5.76, indicating a bearish trend. The MACD of -0.70 indicates Positive momentum. The RSI at 23.80 is Positive, neither overbought nor oversold. The STOCH value of 8.85 is Positive, 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
APM	78 Outperform	C$952.69M	5.08	26.07%	―	33.21%	47.22%
SVM	71 Outperform	C$3.13B	-29.08	-2.37%	0.29%	37.50%	-60.92%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KTN	54 Neutral	C$135.00M	-17.66	-11.74%	―	―	-0.78%
MSV	52 Neutral	C$28.66M	3.41	18.51%	―	―	―
IPT	52 Neutral	C$79.47M	-34.68	-11.17%	―	52.70%	60.33%
DV	43 Neutral	C$342.24M	-15.97	-27.31%	―	―	-5.25%

Dolly Varden Silver Corporate Events