Haywood initiated coverage of DV https://www.streetwisereports.com/article/2022/11/02/analyst-says-invest-now-in-this-attractive-mining-co.html
Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) attracted the interest of another investment firm; Haywood Securities initiated analyst coverage on it with a recommendation to accumulate shares at current levels, reported analyst Geordie Mark in an October 21, 2022 research note.
"We believe that now is the right time for leverage in precious metals through investment in Dolly Varden Silver," Mark wrote.
Projected Return of 142%
Haywood calculated a CA$1.60 per share price target on Buy-rated Dolly Varden Silver, the current share price of which is CA$0.69. This gap represents a significant projected return for investors of 142%. Upcoming catalysts include additional drill results this year, along with even more drill results and an updated resource estimate next year.