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Defiance Silver (CVE:DEF) Stock Price Down 6% - Here's Why

Defiance Silver logo with Basic Materials background

Defiance Silver Corp. (CVE:DEF - Get Free Report)'s share price dropped 6% during mid-day trading on Thursday . The company traded as low as C$0.24 and last traded at C$0.24. Approximately 127,108 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 815,104 shares. The stock had previously closed at C$0.25.

Wall Street Analyst Weigh In

Separately, Compass Point raised shares of Defiance Silver to a "strong-buy" rating in a research report on Thursday, April 24th.

Read Our Latest Report on Defiance Silver

Defiance Silver Trading Down 4.0%

The firm has a market capitalization of C$65.28 million, a P/E ratio of -19.44 and a beta of 2.95. The business's 50 day simple moving average is C$0.25 and its two-hundred day simple moving average is 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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