Defiance Silver (CVE:DEF) Shares Up 11.1% – Still a Buy?

Defiance Silver Corp. (CVE:DEF)’s stock price rose 11.1% during mid-day trading on Monday . The company traded as high as C$0.30 and last traded at C$0.30. Approximately 185,450 shares traded hands during trading, a decline of 52% from the average daily volume of 384,570 shares. The stock had previously closed at C$0.27.

Analyst Ratings Changes

Several research firms have recently commented on DEF. Northland Capmk raised shares of Defiance Silver to a “strong-buy” rating in a research note on Wednesday, January 15th. HC Wainwright upgraded shares of Defiance Silver to a “strong-buy” rating in a report on Thursday, December 12th.

Defiance Silver Stock Down 8.3 %

The stock has a fifty day moving average of C$0.25 and a 200-day moving average of C$0.25. The stock has a market capitalization of C$74.80 million, a PE ratio of -22.28 and a beta of 2.95.

Defiance Silver Company Profile

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.