Dolly Varden Silver Corporation(DVS)Earnings, Financials & Key Ratios
DVS•AMEX
$2.75
$253M mkt cap·Price updated Apr 24, 2026
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%
- ROIC-39.49%-43.8%
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
- ✗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.
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
●Beat EPS 1/5 qtrs (25%)
Q2 2026Latest
Mar 20, 2026EPS
$0.05
Est $0.01
-409.7%
Revenue
—
Q2 2026
Mar 6, 2026EPS
$0.01
Est $0.01
+31.3%
Revenue
—
Q4 2025
Nov 13, 2025EPS
$0.12
Est $0.09
-33.3%
Revenue
—
Q3 2025
Aug 13, 2025EPS
$0.08
Est $0.01
-700.0%
Revenue
—
| 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 →
DVS Peer Comparison
Dolly Varden Silver Corporation (DVS) competitors in Silver exploration and development companies — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 EXK | 2.74B | 9.31 | -71.62 | 5.93% | -28.43% | -18.44% | 0.25 | |
 PAAS | 23.85B | 56.59 | 21.68 | 30.63% | 27.08% | 16.83% | 0.13 | |
 CDE | 12.04B | 18.74 | 20.82 | 96.41% | 31.15% | 15.17% | 0.11 | |
 HL | 12.17B | 18.15 | 37.04 | 53.03% | 35.55% | 22.55% | 0.12 | |
 AG | 10.46B | 21.18 | 60.51 | 128.18% | 13.73% | 5.85% | 0.10 | |
 USAS | 2.06B | 6.49 | -15.45 | 5.28% | -56.17% | -122.08% | 0.45 | |
 IPX | 1.27B | 37.75 | -31.46 | -78.52% | 0.04 | |||
 WPM | 61.1B | 134.57 | 40.90 | 83.33% | 63.59% | 18.53% | 0.00 |
Compare DVS vs Peers
Dolly Varden Silver Corporation (DVS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
DVS Income Statement
Dolly Varden Silver Corporation (DVS) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | 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
| Line item | 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
| Line item | 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) | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K |
| 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 | -14.97x | - | - | - | - | - | - | - | - | - |
| 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.
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Dolly Varden Silver Corporation (DVS) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
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Dividend History
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Earnings History
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Price History
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Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
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