Dolly Varden Silver Corporation(DVS)Earnings, Financials & Key Ratios

DVS•AMEX

Price updated May 26, 2026

SectorBasic Materials IndustrySilver Sub-IndustrySilver exploration and development companies

AboutDolly Varden Silver Corporation is a mineral exploration company focused on advancing its 100% held Kitsault Valley Project located in the Golden Triangle of British Columbia, Canada. The 163 sq. km. project hosts high-grade silver and gold resources, including the Dolly Varden and Homestake Ridge deposits, along with the past-producing Dolly Varden and Torbrit silver mines. The project is considered prospective for hosting further precious metal deposits, being on the same structural and stratigraphic belts that host numerous other high-grade deposits, such as Eskay Creek and Brucejack.Show more

Revenue$0
EBITDA-$37M-43.2%
Net Income-$32M-53.6%
EPS (Diluted)-0.37-428.6%
ROE-27.08%-20.5%

DVS Key Insights

Dolly Varden Silver Corporation (DVS) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Share count reduced 71.2% through buybacks

✗Weaknesses

✗Profits declining 34.2% over 5 years
✗Weak Piotroski F-Score: 1/9
✗Weak momentum: RS Rating 12 (bottom 12%)
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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DVS Price & Volume

Dolly Varden Silver Corporation (DVS) stock price & volume — 10-year historical chart

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DVS Growth Metrics

Dolly Varden Silver Corporation (DVS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-

5 Years-

3 Years-

TTM-

Profit CAGR

10 Years-

5 Years-

3 Years-

TTM-53.68%

EPS CAGR

10 Years-

5 Years-

3 Years-

TTM-53.67%

Return on Capital

10 Years-58.75%

5 Years-34.47%

3 Years-31.52%

Last Year-31.72%

DVS Recent Earnings

Dolly Varden Silver Corporation (DVS) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 1/5 qtrs (25%)

Q2 2026Latest

Mar 20, 2026

Metric

Actual

Est

EPS

$0.05-409.7%

$0.01

Rev

—

Q2 2026

Mar 6, 2026

Metric

Actual

Est

EPS

$0.01+31.3%

$0.01

Rev

—

Q4 2025

Nov 13, 2025

Metric

Actual

Est

EPS

$0.12-33.3%

$0.09

Rev

—

Q3 2025

Aug 13, 2025

Metric

Actual

Est

EPS

$0.08-700.0%

$0.01

Rev

—

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Mar 20, 2026	$0.05vs $0.01-409.7%	—
Q2 2026	Mar 6, 2026	$0.01vs $0.01+31.3%	—
Q4 2025	Nov 13, 2025	$0.12vs $0.09-33.3%	—
Q3 2025	Aug 13, 2025	$0.08vs $0.01-700.0%	—

Based on last 5 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
EXKEndeavour Silver Corp.Direct Competitor	2.55B	8.61	-20.02	115.25%	-3.48%	-3.75%	0.42
PAASPan American Silver Corp.Direct Competitor	20.65B	49.00	18.77	30.63%	31.69%	19.63%	0.13
CDECoeur Mining, Inc.Direct Competitor	11.4B	17.51	19.46	96.41%	31.15%	15.17%	0.11
HLHecla Mining CompanyDirect Competitor	10.7B	15.96	32.57	53.03%	35.55%	22.55%	0.12
AGFirst Majestic Silver Corp.Product Competitor	8.89B	18.00	51.43	128.18%	19.72%	9.49%	0.10
USASAmericas Gold and Silver CorporationProduct Competitor	1.43B	5.36	-16.24	17.71%	-36.33%	-41.36%	0.21
IPXIperionX LimitedProduct Competitor	1.04B	31.03	-25.86			-78.52%	0.04
WPMWheaton Precious Metals Corp.Supply Chain	55.66B	122.57	37.26	83.33%	65.55%	21.33%	0.00

Compare DVS vs Peers

Dolly Varden Silver Corporation (DVS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs EXK

Most directly comparable listed peer for DVS.

Scale Benchmark

vs NEM

Larger-name benchmark to compare DVS against a more recognizable public peer.

Peer Set

Compare Top 5

vs EXK, PAAS, CDE, HL

DVS Income Statement

Dolly Varden Silver Corporation (DVS) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Metric	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Sales/Revenue	0	0	0	0	0	0	0	0	0
Revenue Growth %	-	-	-	-	-	-	-	-	-
Cost of Goods Sold	0	0	0	0	0	0	0	0	36.53K
COGS % of Revenue	-	-	-	-	-	-	-	-	-
Gross Profit	0▲ 0%	0▲ 0%	0▲ 0%	0▲ 0%	0▲ 0%	0▲ 0%	0▲ 0%	0▲ 0%	-36.53K▲ 0%
Gross Margin %	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	-	-	-	-	-	-	-	-	-
Operating Expenses	6.91M	9.31M	5.81M	7.65M	9.3M	21.92M	30.8M	25.96M	37.1M
OpEx % of Revenue	-	-	-	-	-	-	-	-	-
Selling, General & Admin	1.46M	1.3M	1.02M	1.75M	2.57M	3.86M	4.54M	6.2M	37.1M
SG&A % of Revenue	-	-	-	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-
Other Operating Expenses	5.45M	8.01M	4.79M	5.9M	6.73M	18.06M	26.26M	19.76M	0
Operating Income	-6.91M▲ 0%	-9.31M▼ 34.7%	-5.81M▲ 37.7%	-7.65M▼ 31.8%	-9.3M▼ 21.6%	-21.92M▼ 135.7%	-30.8M▼ 40.5%	-25.96M▲ 15.7%	-37.14M▼ 43.1%
Operating Margin %	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-42.26%	-34.74%	37.65%	-31.76%	-21.57%	-135.69%	-40.54%	15.74%	-43.09%
EBITDA	-6.9M	-9.29M	-5.79M	-7.63M	-9.26M	-21.86M	-30.75M	-25.91M	-37.1M
EBITDA Margin %	-	-	-	-	-	-	-	-	-
EBITDA Growth %	-42.51%	-34.78%	37.75%	-31.92%	-21.36%	-135.96%	-40.69%	15.75%	-43.22%
D&A (Non-Cash Add-back)	15.21K	18K	20.14K	17.52K	37.04K	61.97K	54.89K	48.06K	36.53K
EBIT	-6.92M	-9.32M	-5.81M	-7.66M	-9.3M	-21.93M	-31.21M	-25.95M	-37.14M
Net Interest Income	36.48K	68.7K	51.31K	82.22K	73.64K	257.06K	904.62K	1M	1.18M
Interest Income	36.48K	68.7K	51.31K	82.22K	73.64K	257.06K	904.62K	1M	1.18M
Interest Expense	0	0	0	0	0	0	0	0	0
Other Income/Expense	640.59K	930.61K	830.66K	371.54K	1.1M	2.65M	4.15M	5.31M	5.73M
Pretax Income	-6.27M▲ 0%	-8.38M▼ 33.7%	-4.97M▲ 40.6%	-7.28M▼ 46.3%	-8.2M▼ 12.7%	-19.27M▼ 134.9%	-26.65M▼ 38.3%	-20.65M▲ 22.5%	-31.41M▼ 52.1%
Pretax Margin %	-	-	-	-	-	-	-	-	-
Income Tax	0	0	0	0	0	0	0	0	306.2K
Effective Tax Rate %	0%	0%	0%	0%	0%	0%	0%	0%	-0.97%
Net Income	-6.27M▲ 0%	-8.38M▼ 33.7%	-4.97M▲ 40.6%	-7.28M▼ 46.3%	-8.2M▼ 12.7%	-19.27M▼ 134.9%	-26.65M▼ 38.3%	-20.65M▲ 22.5%	-31.71M▼ 53.6%
Net Margin %	-	-	-	-	-	-	-	-	-
Net Income Growth %	-26.21%	-33.68%	40.65%	-46.29%	-12.72%	-134.89%	-38.3%	22.52%	-53.58%
Net Income (Continuing)	-6.27M	-8.38M	-4.97M	-7.28M	-8.2M	-19.27M	-26.65M	-20.65M	-31.71M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0
EPS (Diluted)	-0.20▲ 0%	-0.21▼ 5.0%	-0.11▲ 47.6%	-0.09▲ 18.7%	-0.08▲ 14.4%	-0.12▼ 56.9%	-0.13▼ 8.3%	-0.07▲ 46.2%	-0.37▼ 428.6%
EPS Growth %	28.57%	-5%	47.62%	18.73%	14.43%	-56.86%	-8.33%	46.15%	-428.57%
EPS (Basic)	-0.20	-0.21	-0.11	-0.09	-0.08	-0.12	-0.13	-0.07	-0.37
Diluted Shares Outstanding	38.97M	49.9M	68.06M	102.79M	130.72M	214.98M	257.13M	293.59M	84.5M
Basic Shares Outstanding	38.97M	49.9M	68.06M	102.79M	130.72M	214.98M	257.13M	293.59M	84.5M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-

DVS Balance Sheet

Dolly Varden Silver Corporation (DVS) balance sheet — assets, liabilities & shareholders' equity

Metric	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Total Current Assets	6.02M	2.94M	4.49M	23.87M	15.83M	28.91M	11.47M	34.57M	62.67M
Cash & Short-Term Investments	5.87M	2.56M	3.82M	23.65M	15.48M	28.5M	9.98M	34.18M	61.03M
Cash Only	5.87M	2.56M	3.82M	23.65M	15.48M	28.5M	9.98M	32.06M	61.03M
Short-Term Investments	0	0	0	0	0	0	0	2.12M	0
Accounts Receivable	67.57K	272.72K	566.63K	96.82K	96.52K	132.35K	967.26K	67.55K	1.14M
Days Sales Outstanding	-	-	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-
Other Current Assets	0	0	0	0	0	0	0	0	0
Total Non-Current Assets	3.78M	3.92M	3.9M	4.2M	4.37M	71.32M	71.28M	71.68M	80.65M
Property, Plant & Equipment	3.69M	3.83M	3.81M	4.11M	4.28M	71.16M	71.12M	71.52M	155.91K
Fixed Asset Turnover	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	207.83K
Other Non-Current Assets	91K	91K	91K	91K	91K	159K	159K	159K	80.29M
Total Assets	9.79M▲ 0%	6.87M▼ 29.9%	8.39M▲ 22.2%	28.07M▲ 234.5%	20.19M▼ 28.1%	100.24M▲ 396.4%	82.75M▼ 17.4%	106.25M▲ 28.4%	143.32M▲ 34.9%
Asset Turnover	-	-	-	-	-	-	-	-	-
Asset Growth %	11.6%	-29.88%	22.2%	234.51%	-28.07%	396.38%	-17.45%	28.4%	34.89%
Total Current Liabilities	359.75K	308.64K	362.98K	1.42M	343.67K	4.1M	804.05K	4.4M	11M
Accounts Payable	290.55K	110.78K	43.4K	93.39K	121.42K	285.44K	146.43K	118.52K	1.63M
Days Payables Outstanding	-	-	-	-	-	-	-	-	16.32K
Short-Term Debt	0	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0
Other Current Liabilities	0	155.17K	255.35K	1.16M	134.67K	3.65M	0	3.48M	9.37M
Current Ratio	16.72x	9.54x	12.36x	16.86x	46.05x	7.05x	14.26x	7.86x	5.70x
Quick Ratio	16.72x	9.54x	12.36x	16.86x	46.05x	7.05x	14.26x	7.86x	5.70x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities	228.74K	0	0	0	0	0	0	0	0
Long-Term Debt	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	228.74K	0	0	0	0	0	0	0	0
Total Liabilities	588.49K	308.64K	362.98K	1.42M	343.67K	4.1M	804.05K	4.4M	11M
Total Debt	0	0	0	0	0	0	0	0	0
Net Debt	-5.87M	-2.56M	-3.82M	-23.65M	-15.48M	-28.5M	-9.98M	-32.06M	-61.03M
Debt / Equity	-	-	-	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-
Interest Coverage	-	-	-	-	-	-	-	-	-
Total Equity	9.2M▲ 0%	6.56M▼ 28.7%	8.03M▲ 22.4%	26.66M▲ 232.0%	19.85M▼ 25.5%	96.14M▲ 384.3%	81.95M▼ 14.8%	101.85M▲ 24.3%	132.32M▲ 29.9%
Equity Growth %	16.02%	-28.75%	22.42%	232%	-25.54%	384.32%	-14.76%	24.29%	29.91%
Book Value per Share	0.24	0.13	0.12	0.26	0.15	0.45	0.32	0.35	1.57
Total Shareholders' Equity	9.2M	6.56M	8.03M	26.66M	19.85M	96.14M	81.95M	101.85M	132.32M
Common Stock	42.97M	48.56M	54.63M	79.83M	80M	173.97M	184.75M	224.36M	285.75M
Retained Earnings	-39.61M	-48M	-52.97M	-60.25M	-68.45M	-87.72M	-114.37M	-135.02M	-166.63M
Treasury Stock	0	0	0	0	0	0	0	0	0
Accumulated OCI	5.85M	6M	6.37M	7.07M	8.31M	9.89M	11.57M	12.51M	13.2M
Minority Interest	0	0	0	0	0	0	0	0	0

DVS Cash Flow Statement

Dolly Varden Silver Corporation (DVS) cash flow — operating, investing & free cash flow history

Metric	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash from Operations	-6.24M	-8.75M	-5.7M	-6.18M	-8.08M	-19.66M	-28.99M	-21.14M	-32.25M
Operating CF Margin %	-	-	-	-	-	-	-	-	-
Operating CF Growth %	-59.23%	-40.2%	34.87%	-8.54%	-30.73%	-143.22%	-47.43%	27.06%	-52.54%
Net Income	-6.27M	-8.38M	-4.97M	-7.28M	-8.2M	-19.27M	-26.65M	-20.65M	-31.71M
Depreciation & Amortization	15.21K	18K	20.14K	17.52K	37.04K	61.97K	54.89K	48.06K	36.53K
Stock-Based Compensation	559.58K	768K	373.25K	659.1K	1.28M	1.79M	1.97M	2.6M	0
Deferred Taxes	0	0	0	0	0	0	0	0	306.2K
Other Non-Cash Items	-544.55K	-892.72K	-800.84K	-150.73K	-1.04M	-2.41M	-3.66M	-4.3M	-2.37M
Working Capital Changes	526	-259.59K	-314.89K	568.54K	-157.79K	175.52K	-705.17K	1.16M	1.49M
Change in Receivables	96.76K	-205.15K	9.55K	469.82K	297	-35.83K	-834.92K	899.71K	-1.07M
Change in Inventory	0	0	0	0	0	0	0	0	0
Change in Payables	0	0	0	0	0	0	0	0	0
Cash from Investing	-102.33K	-164.21K	-1.38K	-172.1K	-199.58K	-6.24M	-14.13K	-2.29M	1.88M
Capital Expenditures	-102.33K	-164.21K	-1.38K	-172.1K	-199.58K	-6.24M	-14.13K	-173.72K	-238.36K
CapEx % of Revenue	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	0	0	0
Investments	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	-2.12M	0
Cash from Financing	7.55M	5.6M	6.96M	26.18M	118.75K	38.92M	10.49M	45.51M	59.38M
Debt Issued (Net)	0	0	0	0	0	0	0	0	0
Equity Issued (Net)	7.77M	4.2M	6.96M	25.19M	0	38.57M	9.93M	44.19M	59.38M
Dividends Paid	0	0	0	0	0	0	0	0	0
Share Repurchases	0	0	0	0	0	0	0	0	0
Other Financing	-227.04K	1.4M	0	985.52K	118.75K	350.04K	559.04K	1.32M	0
Net Change in Cash	1.2M▲ 0%	-3.31M▼ 374.8%	1.26M▲ 138.0%	19.82M▲ 1474.2%	-8.17M▼ 141.2%	13.02M▲ 259.4%	-18.51M▼ 242.2%	22.08M▲ 219.2%	30.47M▲ 38.0%
Free Cash Flow	-6.34M▲ 0%	-8.91M▼ 40.5%	-5.7M▲ 36.1%	-6.36M▼ 11.5%	-8.28M▼ 30.3%	-25.9M▼ 212.7%	-29M▼ 12.0%	-21.32M▲ 26.5%	-32.26M▼ 51.3%
FCF Margin %	-	-	-	-	-	-	-	-	-
FCF Growth %	-58.17%	-40.52%	36.06%	-11.53%	-30.33%	-212.7%	-11.96%	26.49%	-51.33%
FCF per Share	-0.16	-0.18	-0.08	-0.06	-0.06	-0.12	-0.11	-0.07	-0.38
FCF Conversion (FCF/Net Income)	1.00x	1.04x	1.15x	0.85x	0.99x	1.02x	1.09x	1.02x	1.02x
Interest Paid	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0

DVS Key Ratios

Dolly Varden Silver Corporation (DVS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-101.63%	-73.17%	-106.35%	-68.21%	-41.97%	-35.28%	-33.23%	-29.93%	-22.47%	-27.08%
Return on Invested Capital (ROIC)	-113.6%	-157.13%	-190.62%	-106.17%	-158.96%	-188.99%	-45.66%	-33.1%	-27.46%	-39.49%
Interest Coverage	-14.31x	-	-	-	-	-	-	-	-	-
FCF Conversion	0.79x	1.00x	1.04x	1.15x	0.85x	0.99x	1.02x	1.09x	1.02x	1.02x

DVS Frequently Asked Questions

Dolly Varden Silver Corporation (DVS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Dolly Varden Silver Corporation (DVS) grew revenue by 0.0% over the past year. Growth has been modest.

Dolly Varden Silver Corporation (DVS) reported a net loss of $31.7M for fiscal year 2025.

Dividend & Returns

Dolly Varden Silver Corporation (DVS) has a return on equity (ROE) of -27.1%. Negative ROE indicates the company is unprofitable.

Dolly Varden Silver Corporation (DVS) had negative free cash flow of $32.5M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in DVS back in 2011?

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Dolly Varden Silver Corporation(DVS)Earnings, Financials & Key Ratios

DVS•AMEX

Price updated May 26, 2026

SectorBasic Materials IndustrySilver Sub-IndustrySilver exploration and development companies

Revenue$0
EBITDA-$37M-43.2%
Net Income-$32M-53.6%
EPS (Diluted)-0.37-428.6%
ROE-27.08%-20.5%