Insider Buying: Defiance Silver (CVE:DEF) Director Purchases C$15,140.00 in Stock

Defiance Silver Corp. (CVE:DEF) Director James Russel Bergin bought 75,700 shares of Defiance Silver stock in a transaction dated Friday, August 7th. The stock was acquired at an average cost of C$0.20 per share, with a total value of C$15,140.00. Following the transaction, the director owned 1,147,000 shares of the company’s stock, valued at C$229,400. This trade represents a 7.07% increase in their position.

Defiance Silver Stock Performance

DEF stock opened at C$0.20 on Monday. Defiance Silver Corp. has a 52 week low of C$0.15 and a 52 week high of C$0.52. The company has a market capitalization of C$77.11 million, a PE ratio of -20.50 and a beta of 2.64. The company’s 50-day simple moving average is C$0.17 and its 200 day simple moving average is C$0.24.

About Defiance Silver

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.