Defiance Silver (CVE:DEF) Shares Down 2.1% - Here's Why

Defiance Silver Corp. (CVE:DEF - Get Free Report)'s stock price traded down 2.1% on Wednesday . The stock traded as low as C$0.24 and last traded at C$0.24. 793,440 shares were traded during mid-day 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 raised shares of Defiance Silver to a "strong-buy" rating in a report on Thursday, April 24th.

Defiance Silver Price Performance

The company has a market cap of C$68.00 million, a price-to-earnings ratio of -20.25 and a beta of 2.95. The firm has a 50-day moving average price of C$0.25 and a 200 day moving average price of C$0.24.

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.