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DVS Rallies 6.2% as Silver Momentum Builds

@Trend_Radar
$Dolly Varden Silver Corporation(DVS)$ Dolly Varden Silver Corporation(DVS) Rallied +6.22%: Silver Explorer Breaks $4.95, Eyes $5.38 High Latest Close Data Closed at $4.95 on 2025-12-23, up +6.22% ($0.29). The price is now just 8.0% below its 52-week high of $5.38. Core Market Drivers The rally was fueled by strong buying interest, evidenced by net positive capital inflows. As a silver exploration company, its performance remains sensitive to underlying silver prices and broader commodity sentiment. Technical Analysis Volume ratio of 1.95 and RSI(6) at 78.5 indicate strong buying momentum, approaching overbought territory. The MACD (0.0497) has turned positive and expanded, confirming a bullish short-term signal. Key Price Levels Primary Support: $4.62 (Recent swing low). Strong Resistance: $5.38 (52-week high). Immediate Pivot: $4.95 (Today's close, a key level to hold). Valuation Perspective The stock trades at a TTM P/E of -20.24 and a P/B of 5.71, reflecting its pre-revenue exploration phase and asset value. The Forward P/E of -24.69 is near its historical average of -23.18. Analyst Targets All 3 covering analysts rate it a "Buy", with an average price target of $8.42, implying over 70% upside from the current price. Weekly Outlook Expect consolidation near the $5.00 level. A sustained break above $5.13 (today's high) could target a retest of the $5.38 high. Failure to hold $4.81 (today's low) may see a pullback toward $4.62 support. Risk Disclaimer This content is for informational purposes only and not financial advice. Trading involves risk, including the potential loss of principal. Past performance does not guarantee future results. Conduct your own research before making any investment decisions. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs. 🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now Find out more here. Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP. Click to access the activity Other helpful links: 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.
DVS Rallies 6.2% as Silver Momentum Builds

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