Defiance Silver (CVE:DEF) Upgraded to “Strong-Buy” at Northland Capmk

Defiance Silver (CVE:DEF) was upgraded by analysts at Northland Capmk to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

Several other equities analysts have also commented on the company. HC Wainwright upgraded Defiance Silver to a “strong-buy” rating in a research note on Thursday, December 12th. Maxim Group upgraded shares of Defiance Silver to a “strong-buy” rating in a research note on Friday, October 11th.

Defiance Silver Stock Performance

Shares of CVE:DEF opened at C$0.23 on Wednesday. The firm has a fifty day simple moving average of C$0.21 and a two-hundred day simple moving average of C$0.24. The company has a quick ratio of 12.57, a current ratio of 2.41 and a debt-to-equity ratio of 8.70. The stock has a market capitalization of C$61.26 million, a P/E ratio of -10.00 and a beta of 2.95. Defiance Silver has a 52 week low of C$0.09 and a 52 week high of C$0.54.

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.