Skip to content

Dolly Varden Silver: why did Hecla and Eric Sprott take a piece of this action?

Dolly Varden Silver: why did Hecla and Eric Sprott take a piece of this action?

British Columbia's famed Gold Triangle remains one of the richest and most lucrative mining zones in the world. On February 25 of this year, two prime stakes - Dolly Varden and Homestake Ridge were combined to form the Kitsault Valley project, currently being explored by the Dolly Varden Silver Corp (TSX-V:DV).

Dolly Varden Silver is a heavily institutionally-owned explorer: a mere 9% of shares is currently held by retail, with Fury Gold Mines in for a whopping 36% and Hecla Mining accounting for another 10% stock. With a market cap of C$170m the company is a larger scale explorer with around C$15m in cash on its books.


Want the full story? Access all of The Armchair Trader's content for just £5.99 per month.

Get weekly investment ideas and tips that will take your investing to the next level. Sign up here.

Free 28 day trial. Cancel anytime.


Log In or Sign Up to Armchair Trader+

Already a member? Log in here:


Not a member? Sign up now or see the membership benefits

Further content of this article is not available as it is for members only. Please visit the registration page for Armchair Trader Plus+ for further details on the benefits of becoming a member.

Share this article

Invest with these platforms

Hargreaves Lansdown

IG

Interactive Brokers

Interactive Investor

Charles Stanley

IG

Interactive Brokers

Charles Stanley

Looking for great investing ideas? Get our free newsletter.
Join our UK news channel on WhatsApp

This article does not constitute investment advice.  Do your own research or consult a professional advisor.

Learn with our free 'How to' Guides

Our latest in-depth company reports

On the podcast

Sign up for great investing stock tips

Thanks to our Site Partners

Our partners are established, regulated businesses and we are grateful for their support.

Aquis
CME Group
FP Markets
Pepperstone
Schroders

aberdeen
WisdomTree
ARK
Plus500
CMC Markets
Back To Top