WinstonWınston
Discovery Mining logo

Discovery Mining

DSVSF
82
Silver · Basic Materials
Price
$5.54
+0.20 (+3.75%)
Market Cap
$4.49B
Exchange
Other OTC
Winston Score
82
Winston is happy
A high-quality business with solid fundamentals.

Share count rising — dilution

+118.8% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 324.5M (2021) → 710.0M (2025)

Discovery Silver Corp. is a Canadian mining company focused on developing a large silver deposit in Mexico called the Cordero project. The company's main asset is one of the world's largest undeveloped silver deposits, located in Chihuahua, Mexico. It operates in the basic materials sector and targets silver, gold, lead, and zinc as its primary metals.

The company is still in the development stage, meaning it does not yet generate revenue from mining operations. Discovery Silver makes money primarily by advancing the Cordero project toward production, funded through equity raises and capital markets activity. Its competitive position rests on the sheer scale of the Cordero deposit, which gives it leverage to attract major mining partners or acquirers. The key growth driver is successfully permitting and financing Cordero into full production, while the main risk is the capital-intensive nature of building a mine from scratch in a jurisdiction that carries regulatory and geopolitical uncertainty.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

>+1,000% YoY

Strong revenue growth

EPS Growth

+532.2% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (3%)

Research and development spending

Insider Activity

20.8%ownership

Insiders own a meaningful stake in the company

Cash Runway

~5 years

$442M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

$442M cash & investments at current burn rate

Strong grower

Discovery Mining is growing revenue at 3971% year-over-year. The Winston Score penalises unprofitable companies, but revenue at this pace tells a different story — this is a company still in "build mode."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
55.7%
Premium pricing power — 55.7% gross margin
Operating Margin
48.6%
Excellent — 48.6% operating margin
ROCE
20.4%
Exceptional — 20.4% return on capital

ROIC between 15% and 25%. Every dollar invested in the business earns 15 to 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
+12903.5%
Fast-growing sales (12903.5% YoY)
EPS YoY
N/A
Data not available
EPS Consistency
8/8 quarters
Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
218%
Turns 218% of profit into real cash
FCF Margin
17.7%
Converts sales into free cash efficiently (17.7%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
0.00
Conservative — low debt load (0.00)
Interest Cover
25.39x
Comfortably covers interest (25.4x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
23.2x
Growth-priced — P/E 23.2

P/E above the market average. People are paying up for expected growth.

P/E vs Forward
+16.1
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (23.2 → 7.0)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial