Defiance Silver (CVE:DEF) Shares Up 32.4% – What’s Next?

by · The Cerbat Gem

Defiance Silver Corp. (CVE:DEF – Get Free Report)’s stock price rose 32.4% on Wednesday . The stock traded as high as C$0.25 and last traded at C$0.25. Approximately 858,559 shares were traded during trading, an increase of 98% from the average daily volume of 432,862 shares. The stock had previously closed at C$0.19.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DEF. 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 research note on Thursday, December 12th.

View Our Latest Analysis on Defiance Silver

Defiance Silver Price Performance

The stock has a 50-day moving average of C$0.25 and a 200-day moving average of C$0.24. The firm has a market cap of C$70.72 million, a price-to-earnings ratio of -21.06 and a beta of 2.95.

Defiance Silver Company Profile

(Get Free Report)

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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