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

Defiance Silver logo with Basic Materials background

Shares of Defiance Silver Corp. (CVE:DEF - Get Free Report) traded down 2.1% during mid-day trading on Wednesday . The stock traded as low as C$0.24 and last traded at C$0.24. 793,440 shares changed hands 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.

Read Our Latest Stock Report on DEF

Defiance Silver Stock Down 2.0%

The company has a market capitalization of C$68.00 million, a P/E ratio of -20.25 and a beta of 2.95. The business has a fifty 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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