Defiance Silver (CVE:DEF) Stock Price Down 2% – Here’s What Happened

Defiance Silver Corp. (CVE:DEF) traded down 2% during mid-day trading on Friday . The stock traded as low as C$0.24 and last traded at C$0.25. 484,364 shares traded hands during trading, a decline of 57% from the average session volume of 1,129,925 shares. The stock had previously closed at C$0.26.

Analyst Ratings Changes

Separately, Benchmark raised shares of Defiance Silver to a “strong-buy” rating in a research report on Friday, November 21st. Three research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Defiance Silver Price Performance

The company has a market capitalization of C$91.00 million, a price-to-earnings ratio of -25.00 and a beta of 1.66. The business has a fifty day moving average price of C$0.22 and a 200 day moving average price of C$0.23.

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. Defiance Silver Corp. was incorporated in 2007 and is based in Vancouver, Canada.