Discovery Silver (DSV) AI Stock Analysis

• Market Cap: $684.79M
• Dividend Yield: N/A
• Average Volume (3M): 2.08M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.97
• Revenue Growth: N/A
• EPS Growth: 16.96%
• Country: CA
• Employees: 68
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Mining
• EPS (TTM): -0.05
• Shares Outstanding: 400,461,240
• 10 Day Avg. Volume: 1,283,017
• 30 Day Avg. Volume: 2,076,329
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -118.90
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Discovery Silver's overall score reflects its early-stage exploration phase with no revenue and reliance on external funding, offset by strong market positioning due to recent strategic acquisitions. While technical indicators show upward momentum, overbought conditions warrant caution. The valuation reflects typical characteristics of a growth-focused mining company without earnings.

Discovery Silver Business Overview & Revenue Model

Company Description

Discovery Silver Corp (DSV) is a Canadian-based mining company focused on the exploration and development of silver deposits. Operating primarily in Mexico, the company is dedicated to advancing its flagship Cordero project, one of the world's largest undeveloped silver resources. Discovery Silver aims to play a pivotal role in supplying silver for industrial uses and investment, contributing to the growing demand for this precious metal.

How the Company Makes Money

Discovery Silver makes money through the exploration and potential future production of silver from its mining projects. The company primarily focuses on the development of its Cordero project, which, once operational, will generate revenue from the extraction and sale of silver. Revenue streams include selling extracted silver to various customers, including industrial sectors, investment markets, and possibly strategic partnerships with other mining companies or financial entities interested in silver resources. Additionally, Discovery Silver may engage in joint ventures or partnerships that provide funding or share in the profits of silver production. Until production begins, the company might rely on equity financing, investments, and strategic partnerships to fund its operations and development activities.

Discovery Silver Financial Statement Overview

Summary

Discovery Silver is in a typical early-stage exploration phase with no revenue and consistent losses. The company maintains a solid equity base, but its financials indicate a reliance on external funding. Continued focus on financing and exploration success is critical for future profitability.

Income Statement

Discovery Silver shows consistent losses with no revenue generation, indicating a pre-revenue or development phase typical in mining exploration. Gross profit and net income are negative, resulting in poor profit margins.

Balance Sheet

The company maintains a strong equity position relative to its liabilities, as seen in the healthy equity ratio. However, the company is heavily reliant on equity financing, and the absence of revenue raises concerns about future financing needs.

Cash Flow

The cash flow statement reflects negative operating and free cash flows, which are common in early-stage mining companies. However, significant capital expenditures and negative cash flows highlight the company's ongoing need for external funding.

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
-534.56K	-363.74K	-66.26K	-92.19K	-106.76K	-117.67K
	EBIT
-16.12M	-19.44M	-42.65M	-36.50M	-15.95M	-8.05M
	EBITDA
-18.37M	-15.37M	-40.80M	-35.27M	-17.64M	-9.53M
	Net Income Common Stockholders
-18.64M	-15.75M	-39.54M	-34.43M	-19.56M	-11.26M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.69M	59.15M	46.74M	70.89M	82.88M	24.00M
	Total Assets
7.22M	146.07M	91.58M	107.79M	111.56M	53.52M
	Total Debt
0.00	410.41K	549.80K	41.09K	87.87K	132.84K
	Net Debt
-4.69M	-58.53M	-45.67M	-54.71M	-67.46M	-23.82M
	Total Liabilities
230.09K	16.64M	2.43M	1.70M	1.02M	804.47K
	Stockholders Equity
6.99M	129.42M	89.16M	106.09M	110.54M	52.71M
Cash Flow		Free Cash Flow
-27.35M	-35.37M	-39.51M	-37.32M	-16.18M	-7.97M
	Operating Cash Flow
-9.83M	-1.53M	-39.11M	-31.43M	-15.89M	-7.25M
	Investing Cash Flow
-17.42M	-33.76M	14.59M	-5.89M	-15.06M	-528.44K
	Financing Cash Flow
1.46M	48.85M	14.48M	24.22M	74.55M	27.08M

Discovery Silver Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.92
• 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:DSV, the sentiment is Positive. The current price of 1.92 is above the 20-day moving average (MA) of 1.59, above the 50-day MA of 1.29, and above the 200-day MA of 0.97, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 59.05 is Neutral, neither overbought nor oversold. The STOCH value of 82.88 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:DSV.

Discovery Silver Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SVM	77 Outperform	$1.13B	11.13	11.68%	0.66%	31.23%	110.49%
SIL	76 Outperform	$2.18B	18.49	18.48%	―	25.05%	0.44%
EDR	54 Neutral	$1.29B	―	-7.77%	―	-4.65%	-304.16%
MAG	51 Neutral	$2.11B	20.78	14.03%	―	―	134.17%
Sector *	46 Neutral	$2.64B	-3.90	-29.96%	3.33%	2.89%	-29.73%
DSV	42 Neutral	$684.79M	―	-14.74%	―	―	16.96%
IPT	42 Neutral	$47.01M	―	-16.38%	―	36.99%	-153.27%

Discovery Silver Corporate Events

Discovery Silver’s Strategic Acquisition of Newmont’s Porcupine Complex

Discovery Silver Corp. has announced a major acquisition of Newmont’s Porcupine Complex in Ontario, Canada, for $425 million. This move positions Discovery as a prominent player in the Canadian gold production sector, backed by a robust $555 million financing package. The acquisition is expected to enhance the company’s market presence and operational capabilities, supported by a management team with extensive experience in the Timmins Camp.

Discovery Silver Reports Strong Q3 2024 Results

Discovery Silver Corp. has reported strong financial results for Q3 2024, driven by its Cordero project, one of the world’s largest silver development initiatives with significant potential in green energy and other sectors. The company is also focusing on sustainability and community benefits in Mexico, where it has received several environmental and social responsibility awards.