Defiance Silver (CVE:DEF) Stock Price Up 5.5% - Here's Why

Key Points

• Defiance Silver Corp. experienced a stock price increase of 5.5% during mid-day trading, rising to C$0.29 from a previous close of C$0.28.
• The stock saw a trading volume of approximately 1.9 million shares, marking a significant increase of 94% compared to its average daily volume.
• Defiance Silver is primarily focused on exploring gold, copper, and silver deposits in Mexico, and currently has a market capitalization of C$102.22 million.

Defiance Silver Corp. (CVE:DEF - )'s stock price rose 5.5% during mid-day trading on Friday . The company traded as high as C$0.30 and last traded at C$0.29. Approximately 1,921,137 shares were traded during trading, an increase of 94% from the average daily volume of 988,846 shares. The stock had previously closed at C$0.28.

Defiance Silver Stock Performance

The business has a 50-day moving average of C$0.22 and a 200-day moving average of C$0.24. The stock has a market capitalization of C$102.22 million, a price-to-earnings ratio of -14.50 and a beta of 0.88.

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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