Defiance Silver (CVE:DEF) Trading Up 32.4% – Time to Buy?

Shares of Defiance Silver Corp. (CVE:DEFGet Free Report) 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 traded hands during mid-day trading, an increase of 98% from the average daily volume of 432,862 shares. The stock had previously closed at C$0.19.

Analyst Ratings Changes

DEF has been the subject of a number of recent analyst reports. Northland Capmk raised 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 Research Report on Defiance Silver

Defiance Silver Stock Performance

The firm has a fifty day simple moving average of C$0.25 and a 200-day simple moving average of C$0.24. The company has a market capitalization of C$66.64 million, a PE ratio of -19.85 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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