Defiance Silver (CVE:DEF) Trading Up 32.4% – Here’s Why

Defiance Silver Corp. (CVE:DEFGet Free Report) traded up 32.4% during trading on Wednesday . The stock traded as high as C$0.25 and last traded at C$0.25. 858,559 shares were traded during mid-day trading, an increase of 98% from the average session volume of 432,862 shares. The stock had previously closed at C$0.19.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on DEF shares. HC Wainwright raised shares of Defiance Silver to a “strong-buy” rating in a research report on Thursday, December 12th. Northland Capmk upgraded Defiance Silver to a “strong-buy” rating in a report on Wednesday, January 15th.

View Our Latest Analysis on DEF

Defiance Silver Stock Up 32.4 %

The firm has a market cap of C$66.64 million, a price-to-earnings ratio of -19.85 and a beta of 2.95. The business has a 50 day moving average price of C$0.25 and a 200-day moving average price of C$0.24.

About Defiance Silver

(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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