Dolly Varden Silver's NYSE Listing: A 62% Share Price Surge
VANCOUVER, BC — November 27, 2025 — Leads & Copy — Dolly Varden Silver (TSX-V: DV, NYSE MKT: DVS, FSE: DVQ) is listed on the New York Stock Exchange (NYSE) under the symbol DVS, marking a significant step for the company. Seven months ago, Dolly Varden Silver announced this listing, which was aimed at providing access to the world’s largest and most liquid equity markets, potentially creating substantial value for its shareholders.
Since then, Dolly Varden Silver has raised $62 million and drilled 55,000 meters. The company has also acquired three properties—Mountain Boy, Kinskuch, and Porter—expanding its land package to over 100,000 hectares.
Dolly Varden Silver President and CEO Shawn Khunkhun explained the impact of the NYSE listing stating that prior to April 21, 2025, it was difficult for US-based investors to buy their stock because each US institution has its own rules. For instance, Goldman Sachs has price requirements and to buy Dolly Varden stock, a US investor would be forced to open a discount brokerage account, and probably get an agent on the phone, before executing a trade, blocking that potential inflow of investment dollars.
Gallup data from May 2025, indicates that 62% of Americans own stocks, either directly or through mutual funds and retirement accounts. Retail investors make up approximately 25% of the total US equities trading volume, with the total value of stocks listed on the NYSE, Nasdaq, and OTCQX currently standing at $67 trillion.
In the six months following the US listing, Dolly Varden Silver’s share price has appreciated 62%. Khunkhun noted that direct access to US investors provides a higher return on investment (ROI) on marketing. Citing that an increase from a pool of 10,000 to 6 million investors changes conversion rate metrics.
Khunkhun said that there is about 3.5 times the dollar liquidity in the US compared to Canada and therefore it makes sense to focus more of the marketing programs in the US to potentially increase the dollar liquidity in the US ninefold.
Listing on the NYSE incurs costs related to compliance, insurance, and lawyers’ fees, but Khunkhun believes the timing is right, as generalists are entering the precious metal sphere for the first time due to high government deficits, debts, and inflation.
Under Khunkhun’s leadership over the past five years, the company has grown from a $20 million valuation to approximately $600 million. This growth stems from aggressive drilling programs totaling 196,000 meters and acquisitions executed primarily through share transactions.
Khunkhun stated that some of the best performing investments are ones where you have a small free trading float. Dolly Varden’s institutional ownership is over 50%, the corporate ownership is over 25% and Mr. Eric Sprott owns about 10%, leaving less than 15% in the hands of the public.
Khunkhun added that due to the small concentration of shares in the hands of the public, Dolly Varden is outperforming the silver index. Additionally, of the 10 primary silver producers, Dolly Varden represents one of five opportunities poised to be takeover candidates or become the next producers. The location differentiates Dolly Varden from its peers, in a very scarce market.
The Fraser Institute’s Policy Perception Index (PPI) ranks Canada as the 3rd most appealing region for investment, after the United States and Australia. Canada’s mining industry plays a crucial role in the economy, contributing C$161 billion to GDP and accounting for 21% of total exports in 2024. The mining sector generates 700,000 direct and indirect jobs. It is also the largest employer of Indigenous people in Canada, fostering significant business partnerships with Indigenous-owned enterprises.
Rob van Egmond, P.Geo., Vice-President Exploration for Dolly Varden Silver, has reviewed, validated and approved the scientific and technical information contained in this release.
Guy Bennett, CEO of Global Stocks News can be reached at guy.bennett@globalstocksnews.com
Disclaimer: Dolly Varden Silver paid GSN $1,750 for the research, creation and dissemination of this content.
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Source: Dolly Varden Silver
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