Dolly Varden Silver (DV) AI Stock Analysis

• Market Cap: C$373.41M
• Dividend Yield: N/A
• Average Volume (3M): 211.79K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.98
• Revenue Growth: N/A
• EPS Growth: 31.39%
• Country: CA
• Employees: 7
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Silver
• EPS (TTM): -0.03
• Shares Outstanding: 79,618,050
• 10 Day Avg. Volume: 366,747
• 30 Day Avg. Volume: 211,790
• PEG Ratio: 0.08
• Price to Book (P/B): 2.71
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.82
• 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: -66.60% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 42 Neutral
• Price Target: ―

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 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 project, which comprises the Dolly Varden property and the Homestake Ridge property covering an area of 163 square kilometers located in Golden Triangle of British Columbia, Canada; and the Big Bulk property located in Canada. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.

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 exhibits financial challenges typical of an early-stage mining company, with consistent losses and no revenue generation. Despite these challenges, the company maintains a strong equity position with no debt, offering some financial flexibility. However, the reliance on external financing for operational cash needs highlights a precarious situation that necessitates revenue generation for better financial health.

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 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	-54.89K	-61.97K	-37.04K	-17.52K
	EBIT
-25.96M	-30.80M	-21.92M	-9.30M	-7.65M
	EBITDA
-25.77M	-26.19M	-21.74M	-9.26M	-7.64M
	Net Income Common Stockholders
-20.65M	-26.65M	-19.27M	-8.13M	-7.20M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
34.18M	9.98M	28.50M	15.48M	23.65M
	Total Assets
106.25M	82.75M	100.24M	20.19M	28.07M
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-32.06M	-9.98M	-28.50M	-15.48M	-23.65M
	Total Liabilities
4.40M	804.05K	4.10M	343.67K	1.42M
	Stockholders Equity
101.85M	81.95M	96.14M	19.85M	26.66M
Cash Flow		Free Cash Flow
-21.32M	-29.00M	-25.90M	-8.28M	-6.36M
	Operating Cash Flow
-21.14M	-28.99M	-19.66M	-8.08M	-6.18M
	Investing Cash Flow
-2.29M	-14.13K	-6.24M	-199.58K	-172.10K
	Financing Cash Flow
45.51M	10.49M	38.92M	118.75K	26.18M

Dolly Varden Silver Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.79
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• 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 Positive. The current price of 4.79 is above the 20-day moving average (MA) of 4.25, above the 50-day MA of 3.91, and above the 200-day MA of 4.21, indicating a bullish trend. The MACD of 0.28 indicates Negative momentum. The RSI at 66.92 is Neutral, neither overbought nor oversold. The STOCH value of 54.90 is Neutral, 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
SCZ	72 Outperform	C$348.74M	1.60	223.51%	―	―	―
GSVR	53 Neutral	C$120.42M	―	-161.31%	―	22.42%	66.89%
Sector *	51 Neutral	$2.04B	-1.23	-21.09%	3.96%	2.90%	-30.45%
KTN	45 Neutral	C$78.01M	―	-13.77%	―	―	21.46%
DV	42 Neutral	C$373.41M	―	-21.78%	―	―	31.39%
SLVRF		$61.16M	―	-7.27%	―	―	―
ISVLF		$52.18M	―	-11.62%	―	―	―

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.