Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Discovery Metals Corp. (V:DSV)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 1600 - 609 Granville Street
Pacific Centre
P.O. Box 10068
Tel: N/A
IR: See website
Key People
William Murray John
Independent Chairman of the Board
Taj Singh
President, Chief Executive Officer, Director
Andreas L'Abbe
Chief Financial Officer, Corporate Secretary
Gernot Wober
Vice President - Exploration
Business Overview
Discovery Metals Corp is a Canada-based exploration and development company. The Company is focused on district-scale silver and silver-zinc-lead projects in northern Mexico. It owns the Cordero Project located in Mexico's porphyry and carbonate replacement deposit (CRD) districts in Chihuahua State, Mexico. Its projects also include Puerto Rico project, Minerva project and Monclova project. The Puerto Rico project is a carbonate replacement (CRD) silver-zinc-lead mining district and hosts approximately 650 meters (m) of underground drifts and stopes over three levels. The Minerva project is located approximately 230 kilometer (km) west northwest of the city of Melchor Muzquiz in Coahuila State, Mexico. The Monclova project is located approximately 25km southwest of the city of Monclova. It allows own projects Coahuila State and Bralorne Region.
Financial Overview
For the nine months ended 30 September 2020,Discovery Metals Corp revenues was not reported. Net lossapplicable to common stockholders increased from C$5.5M toC$11.7M. Higher net loss reflects Research & DevelopmentExpense increase from C$1.6M to C$8.4M (expense),Impairment of IVA receivable increase of 40% to C$1.4M(expense), General office and other expenses increase fromC$338K to C$737K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $589.99M as of Sep 30, 2020
Annual revenue (TTM): $0.00M as of Sep 30, 2020
EBITDA (TTM): -$14.65M as of Sep 30, 2020
Net annual income (TTM): -$15.88M as of Sep 30, 2020
Free cash flow (TTM): -$14.61M as of Sep 30, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 321,390,731 as of Feb 17, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization