Defiance Silver (CVE:DEF) Shares Up 6.1% – What’s Next?
by Doug Wharley · The Cerbat GemShares of Defiance Silver Corp. (CVE:DEF – Get Free Report) traded up 6.1% during trading on Friday . The company traded as high as C$0.27 and last traded at C$0.26. 357,424 shares changed hands during mid-day trading, a decline of 17% from the average session volume of 430,154 shares. The stock had previously closed at C$0.25.
Analyst Upgrades and Downgrades
Several research analysts recently commented on the stock. Northland Capmk upgraded shares of Defiance Silver to a “strong-buy” rating in a report on Wednesday, January 15th. HC Wainwright upgraded Defiance Silver to a “strong-buy” rating in a report on Thursday, December 12th.
View Our Latest Analysis on DEF
Defiance Silver Stock Performance
The firm has a fifty day moving average price of C$0.25 and a 200 day moving average price of C$0.24. The company has a market cap of C$70.72 million, a price-to-earnings ratio of -21.06 and a beta of 2.95.
About Defiance Silver
Defiance Silver Corp., an exploration stage company, acquires, explores, evaluates, and develops mineral properties primarily in Mexico. It primarily explores for gold, copper, and silver deposits. The company was formerly known as Defiance Capital Corp. and changed its name to Defiance Silver Corp. in June 2011.
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