Defiance Silver (CVE:DEF) Stock Price Down 6.7% - Here's Why

Defiance Silver Corp. (CVE:DEF - Get Free Report) shares traded down 6.7% during mid-day trading on Thursday . The stock traded as low as C$0.24 and last traded at C$0.24. 1,563,955 shares were traded during mid-day trading, an increase of 156% from the average session volume of 610,174 shares. The stock had previously closed at C$0.26.

Analyst Ratings Changes

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

Defiance Silver Price Performance

The stock has a 50 day moving average of C$0.25 and a two-hundred day moving average of C$0.24. The stock has a market capitalization of C$64.73 million, a PE 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.