Dolly Varden Silver (CVE:DV) Stock Price Down 1.9% – Time to Sell?

Dolly Varden Silver Co. (CVE:DV) dropped 1.9% during trading on Friday . The company traded as low as C$1.02 and last traded at C$1.03. Approximately 560,983 shares traded hands during trading, an increase of 110% from the average daily volume of 267,205 shares. The stock had previously closed at C$1.05.

Dolly Varden Silver Trading Down 1.9 %

The stock has a market capitalization of C$316.61 million, a price-to-earnings ratio of -13.21 and a beta of 1.38. The stock has a fifty day moving average of C$0.99 and a two-hundred day moving average of C$1.08.

Insider Activity

In other Dolly Varden Silver news, Director Robert John Mcleod sold 30,000 shares of the company’s stock in a transaction dated Friday, January 17th. The shares were sold at an average price of C$0.98, for a total transaction of C$29,400.00. 43.56% of the stock is owned by insiders.

About Dolly Varden Silver

Dolly Varden Silver Corporation engages in the acquisition and exploration of mineral properties in Canada. It explores for gold, silver, lead, zinc, and copper deposits. The company holds 100% interests in the Kitsault Valley project, which comprises the Dolly Varden property and the Homestake Ridge property located in the Golden Triangle of British Columbia, Canada; and the Big Bulk property located in Canada.