Defiance Silver (CVE:DEF) Stock Price Down 2.1% - What's Next?

Defiance Silver Corp. (CVE:DEF - Get Free Report) fell 2.1% during mid-day trading on Wednesday . The company traded as low as C$0.24 and last traded at C$0.24. 793,440 shares changed hands during trading, an increase of 12% from the average session volume of 711,388 shares. The stock had previously closed at C$0.24.

Wall Street Analysts Forecast Growth

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

Defiance Silver Trading Down 2.1%

The firm's 50 day simple moving average is C$0.25 and its two-hundred day simple moving average is C$0.24. The firm has a market cap of C$64.73 million, a price-to-earnings ratio of -19.28 and a beta of 2.95.

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.

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