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Symbol Data
Symbol
Currency
TSE:DSV
CAD
OTCMKTS:DSVSF
USD
Description
Discovery Mining are a gold and silver focused emerging major with one producing mine in Canada and one mine in development in Mexico. Currently they produce roughly 275koz. of gold per year. They have approximately 16Moz. of gold and 700Moz. of silver in the reserves and resources category of which 4Moz. of gold and 500Moz. of silver are in the measured and indicated category. They have a market capitalisation of ~$6679.88M which is a rise of roughly 14% over the last four months. As of 04/14/2026 they have no debt and ~$364M cash. They have 810M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.
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General Details
Financial
04/14/2026 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
MCap (FD):
$5,834.50M
$6,679.88M
08/13/2026
$845.38M
MCap (OS):
$5,730.85M
$6,617.37M
04/14/2026
$886.51M
Total Assets:
$1,795.00M
$1,795.00M
04/14/2026
$0.00M
Total Liabilities:
$1,168.00M
$1,168.00M
04/14/2026
$0.00M
Current Assets:
$526.00M
$425.00M
05/14/2026
$-101.00M
Current Liabilities:
$284.00M
$284.00M
04/14/2026
$0.00M
Total Debt:
$0.00M
$0.00M
04/14/2026
$0.00M
Cash:
$411.00M
$364.00M
08/13/2026
$-47.00M
Debt (Net):
$-411.00M
$-364.00M
$47.00M
Enterprise Value:
$5,423.50M
$6,315.88M
$892.38M
Cash Flow:
$489.68M
$356.10M
never
$-133.57M
Cash Flow Multiple:
11.92
18.76
never
6.84
Net Debt to Cash Flow Ratio:
n/a
n/a
never
0.00
Finance within 1 year:
04/14/2026
n/a
Misc
04/14/2026 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
810,344,608
810,344,608
04/14/2026
0
Shares (FD):
825,000,000
818,000,000
08/13/2026
-7,000,000
Insider Ownership:
20%
30%
08/13/2026
10%
Dividend (Annual):
n/a
n/a
08/13/2026
n/a
Company Type:
Mostly Silver
Mostly Silver
never
n/a
Group:
Producer
Producer
never
n/a
Production ETA:
n/a
06/01/2025
04/14/2026
n/a
Production (Gold Eq Oz.):
(guess) 275,000
(guess) 275,000
04/14/2026
0
Production (Silver Eq Oz.) :
(guess) 16,959,185
(guess) 18,502,802
04/14/2026
1,543,617
Development Phase:
Producer (Multiple Mines)
Producer (Multiple Mines)
04/14/2026
n/a
Optionality Play:
none
No
F U T U R E
% of Spot:
25Producer: Quality
25Producer: Quality
04/14/2026
0
Cash Flow Multiple:
18
18
04/14/2026
0.00
Resource Data
GOLD
04/14/2026 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
2.30M
2.30M
04/14/2026
0.00M
Measured & Indicated:
4.00M
4.00M
04/14/2026
0.00M
Inferred:
12.00M
12.00M
04/14/2026
0.00M
Reserves & Resources:
16.00M
16.00M
never
0.00M
P L A U S I B L E
Proven & Probable:
1.96M
1.96M
04/14/2026
0.00M
Measured & Indicated:
3.11M
3.11M
04/14/2026
0.00M
Inferred:
5.10M
5.10M
04/14/2026
0.00M
Reserves & Resources:
8.21M
8.21M
never
0.00M
C U R R E N T
Annual Production:
(guess) 275,000oz.
(guess) 275,000oz.
04/14/2026
0oz.
Cash Cost:
$2,100
$2,100
04/14/2026
$0.00
Extra Operating Cost:
$900
$1,000
05/14/2026
$100.00
Total:
$3,000
$3,100
05/14/2026
$100.00
Margin (Free Cash Flow):
$1,781 (37%)
$1,295 (29%)
$-485.72
MCap / Production (AuEq):
$21,216.36
$24,290.48
$3,074.12
EV / Production (AuEq):
$19,721.81
$22,966.85
$3,245.03
G R A D E
Underground (Avg):
7.00 g/t
7.00 g/t
04/14/2026
n/a
Open Pit (Avg):
n/a
1.00 g/t
04/14/2026
n/a
Recovery Rate:
(CG) 85.00%
(CG) 85.00%
08/13/2026
0.00%
F U T U R E
Proven & Probable:
10.00M
10.00M
04/14/2026
0.00M
Annual Production:
600,000oz.
500,000oz.
04/14/2026
-100,000oz.
Cash Cost:
$2,300
$2,200
04/14/2026
$-100
Extra Operating Cost:
$900
$1,000
05/14/2026
$100
SILVER
04/14/2026 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
300.00M
300.00M
04/14/2026
0.00M
Measured & Indicated:
500.00M
500.00M
04/14/2026
0.00M
Inferred:
200.00M
200.00M
04/14/2026
0.00M
Reserves & Resources:
700.00M
700.00M
never
0.00M
P L A U S I B L E
Proven & Probable:
255.00M
255.00M
04/14/2026
0.00M
Measured & Indicated:
391.00M
391.00M
04/14/2026
0.00M
Inferred:
85.00M
85.00M
04/14/2026
0.00M
Reserves & Resources:
476.00M
476.00M
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
04/14/2026
$0.00
Extra Operating Cost:
n/a
n/a
04/14/2026
$0.00
Total:
$35.00
$35.00
04/14/2026
$0.00
Margin (Free Cash Flow):
n/a
$0.00
MCap / Production (AgEq):
$344.03
$361.02
$16.99
EV / Production (AgEq):
$319.80
$341.35
$21.55
G R A D E
Underground (Avg):
n/a
n/a
04/14/2026
n/a
Open Pit (Avg):
n/a
80.00 g/t
04/14/2026
n/a
Recovery Rate:
(CG) 85.00%
(CG) 85.00%
08/13/2026
0.00%
F U T U R E
Proven & Probable:
500.00M
500.00M
04/14/2026
0.00M
Annual Production:
14,000,000oz.
14,000,000oz.
04/14/2026
0oz.
Cash Cost:
$20.00
$20.00
04/14/2026
$0.00
Extra Operating Cost:
$15.00
$15.00
04/14/2026
$0.00
Property
Last Analysis Data (04/14/2026)
Stage
Name
Owned %
Type
NPV $M
IRR %
CapEx $M
Au
Ag
Cu
Notes
Prod
Porcupine
Ontario
100 (guess)
Both
show
16M oz of resources
Open pit and Underground
Acquired from Newmont in 2025 Size: 140,000 ha
Dev
Cordero
Parral
100
Open Pit
650.00
show
Huge project they are trying to sell or option.
500 million oz of silver at 90 gpt (80 to 85% recovery)
Large offsets in zinc and lead.
Economic at $22 silver.
25% IRR at $22 silver. Size: 35,000 ha
Current Data
Stage
Name
Owned %
Type
NPV $M
IRR %
CapEx $M
Au
Ag
Cu
Notes
Prod
Porcupine
Ontario
100 (guess)
Both
show
16M oz of resources
Open pit and Underground
Acquired from Newmont in 2025 Size: 140,000 ha
Dev
Cordero
Parral
100
Open Pit
650.00
show
Huge project they are trying to sell or option.
500 million oz of silver at 90 gpt (80 to 85% recovery)
Large offsets in zinc and lead.
Economic at $22 silver.
25% IRR at $22 silver. Size: 35,000 ha
Profitability (by resource)
Proven & Probable
04/14/2026 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
32.10%
34.03%
n/a
1.93%
Percentage Silver:
67.90%
65.97%
n/a
-1.93%
Total (Gold Eq. Oz.):
7.16M
6.76M
n/a
-0.41M
Total (Silver Eq. Oz.):
441.84M
454.75M
n/a
12.91M
P L A U S I B L E
Gold Eq. Oz.:
6.09M
5.74M
n/a
-0.34M
Silver Eq. Oz.:
375.56M
386.54M
n/a
10.97M
Maximum Profit (Gold):
$3,481.15M
$2,531.57M
n/a
$-949.58M
Maximum Profit (Silver):
$10,842.60M
$7,731.60M
n/a
$-3,111.00M
Total Maximum Profit:
$14,323.75M
$10,263.17M
n/a
$-4,060.58M
Max Profit / Current MCap:
2.455
1.536
n/a
-0.919
Max Profit Per Share (Gold):
$4.22
$3.09
n/a
$-1.12
Max Profit Per Share (Silver):
$13.14
$9.45
n/a
$-3.69
Total Max Profit Per Share:
$17.36
$12.55
n/a
$-4.82
Total Free Profit Per Share:
$7.61
$1.23
n/a
$-6.39
FD MCap / Gold Eq.:
$958.06
$1,162.74
n/a
$204.68
FD MCap / Silver Eq.:
$15.54
$17.28
n/a
$1.75
FD MCap / Per Metal as % Spot Price:
20.04%
26.46%
n/a
6.42%
EV / Gold Eq.:
$890.57
$1,099.38
n/a
$208.81
EV / Silver Eq.:
$14.44
$16.34
n/a
$1.90
EV / Per Metal as % Spot Price:
18.63%
25.01%
n/a
6.39%
Measured & Indicated
04/14/2026 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
33.04%
34.99%
n/a
1.95%
Percentage Silver:
66.96%
65.01%
n/a
-1.95%
Total (Gold Eq. Oz.):
12.11M
11.43M
n/a
-0.68M
Total (Silver Eq. Oz.):
746.68M
769.13M
n/a
22.45M
P L A U S I B L E
Gold Eq. Oz.:
9.45M
8.92M
n/a
-0.53M
Silver Eq. Oz.:
582.85M
600.32M
n/a
17.46M
Maximum Profit (Gold):
$5,539.57M
$4,028.50M
n/a
$-1,511.07M
Maximum Profit (Silver):
$16,625.32M
$11,855.12M
n/a
$-4,770.20M
Total Maximum Profit:
$22,164.89M
$15,883.62M
n/a
$-6,281.27M
Max Profit / Current MCap:
3.799
2.378
n/a
-1.421
Max Profit Per Share (Gold):
$6.71
$4.92
n/a
$-1.79
Max Profit Per Share (Silver):
$20.15
$14.49
n/a
$-5.66
Total Max Profit Per Share:
$26.87
$19.42
n/a
$-7.45
Total Free Profit Per Share:
$17.12
$8.10
n/a
$-9.02
FD MCap / Gold Eq.:
$617.33
$748.67
n/a
$131.35
FD MCap / Silver Eq.:
$10.01
$11.13
n/a
$1.12
FD MCap / Per Metal as % Spot Price:
12.91%
17.03%
n/a
4.12%
EV / Gold Eq.:
$573.84
$707.88
n/a
$134.04
EV / Silver Eq.:
$9.31
$10.52
n/a
$1.22
EV / Per Metal as % Spot Price:
12.00%
16.11%
n/a
4.10%
Reserves & Resources
04/14/2026 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
58.50%
60.60%
n/a
2.10%
Percentage Silver:
41.50%
39.40%
n/a
-2.10%
Total (Gold Eq. Oz.):
27.35M
26.40M
n/a
-0.95M
Total (Silver Eq. Oz.):
1,686.72M
1,776.53M
n/a
89.81M
P L A U S I B L E
Gold Eq. Oz.:
15.93M
15.29M
n/a
-0.64M
Silver Eq. Oz.:
982.37M
1,028.46M
n/a
46.09M
Maximum Profit (Gold):
$14,620.84M
$10,632.59M
n/a
$-3,988.25M
Maximum Profit (Silver):
$20,239.52M
$14,432.32M
n/a
$-5,807.20M
Total Maximum Profit:
$34,860.36M
$25,064.91M
n/a
$-9,795.45M
Max Profit / Current MCap:
5.975
3.752
n/a
-2.223
Max Profit Per Share (Gold):
$17.72
$13.00
n/a
$-4.72
Max Profit Per Share (Silver):
$24.53
$17.64
n/a
$-6.89
Total Max Profit Per Share:
$42.25
$30.64
n/a
$-11.61
Total Free Profit Per Share:
$32.50
$19.32
n/a
$-13.18
FD MCap / Gold Eq.:
$366.27
$437.00
n/a
$70.74
FD MCap / Silver Eq.:
$5.94
$6.50
n/a
$0.56
FD MCap / Per Metal as % Spot Price:
7.66%
9.94%
n/a
2.28%
EV / Gold Eq.:
$340.47
$413.19
n/a
$72.72
EV / Silver Eq.:
$5.52
$6.14
n/a
$0.62
EV / Per Metal as % Spot Price:
7.12%
9.40%
n/a
2.28%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
04/14/2026 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
USD 1.0000
USD 1.0000
08/17/2026
Spot Gold:
$4,780.64
$4,394.92
08/17/2026
$-385.72
Spot Silver:
$77.52
$65.32
08/17/2026
$-12.20
Gold:Silver Ratio:
61.67
67.28
08/17/2026
5.61
Spot Gold (Future):
$7,000.00
$7,000.00
$0.00
Spot Silver (Future):
$200.00
$200.00
$0.00
Gold:Silver Ratio (Future):
35.00
35.00
0.00
Gold Avg. Recovery Rate:
75.00%
75.00%
0.00%
Silver Avg. Recovery Rate:
75.00%
75.00%
0.00%
Plausibility of P & P:
100.00%
100.00%
0.00%
Plausibility of M & I:
80.00%
80.00%
0.00%
Plausibility of Inferred:
50.00%
50.00%
0.00%
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