If you are wondering whether Discovery Silver’s recent share price run still leaves room for value, this article walks through what the numbers actually say about the stock.
The share price closed at C$11.48, with returns of 14.1% over the last 7 days, 30.8% over the last 30 days, 36.3% year to date, and very large gains over 1 year, 3 years and 5 years that are all several times the starting level.
These price moves have put Discovery Silver firmly on many investors’ radar. Recent company updates and sector news have added more attention to the story. This backdrop makes it a useful time to separate sentiment from what can be supported by cash flows, assets and peer comparisons.
Simply Wall St currently gives Discovery Silver a…
