Yes, DSV is more than 100 times undervalued. Confirmation of the previous calculation that DSV is more than 100 times undervalued in the medium term:
Discovery Silver: Stock Price Estimate at $75 Silver (2027)
Step 1: Revenue Estimation for 2027
Projected Production: 33M oz AgEq.
Silver Price: $75/oz.
Revenue: 33,000,000 × 75 = $2,475,000,000 USD.
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Step 2: Free Cash Flow (FCF) Estimation
1. Costs:
AISC: $13/oz.
Total Costs: 33,000,000 × 13 = $429,000,000 USD.
2. FCF:
FCF = Revenue - Costs.
FCF = 2,475,000,000 - 429,000,000 = $2,046,000,000 USD.
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Step 3: Market Cap Based on FCF
FCF Multiple: 10x.
Market Cap: 2,046,000,000 × 10 = $20,460,000,000 USD.
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Step 4: Stock Price Calculation
Shares Outstanding: 200M (estimate).
Stock Price: 20,460,000,000 ÷ 200,000,000 = $102.30 USD.
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Conclusion:
If silver reaches $75/oz by 2027 and Discovery Silver achieves 33M oz AgEq annual production, the stock price could be approximately $102.30 per share. This demonstrates the company’s strong leverage to rising silver prices and potential as a high-return investment opportunity.