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

Defiance Silver Corp. (CVE:DEFGet Free Report)’s share price traded up 32.4% during mid-day trading on Wednesday . The company traded as high as C$0.25 and last traded at C$0.25. 858,559 shares were traded during trading, an increase of 99% from the average session volume of 431,727 shares. The stock had previously closed at C$0.19.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Analysis on DEF

Defiance Silver Trading Up 32.4 %

The business’s fifty day moving average price is C$0.25 and its 200 day moving average price is C$0.24. The company has a market capitalization of C$66.64 million, a P/E ratio of -19.85 and a beta of 2.95.

About Defiance Silver

(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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