Defiance Silver (CVE:DEF) Stock Price Down 12.1% – Time to Sell?

Defiance Silver Corp. (CVE:DEF)’s stock price fell 12.1% during mid-day trading on Thursday . The company traded as low as C$0.25 and last traded at C$0.26. 3,678,831 shares changed hands during trading, an increase of 635% from the average session volume of 500,335 shares. The stock had previously closed at C$0.29.

Wall Street Analyst Weigh In

Separately, Compass Point raised Defiance Silver to a “strong-buy” rating in a research report on Thursday, April 24th.

Defiance Silver Trading Down 6.0%

The stock has a market capitalization of C$63.92 million, a PE ratio of -19.04 and a beta of 2.95. The firm has a 50 day moving average price of C$0.24 and a 200 day moving average price of C$0.24.

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.