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Defiance Silver (CVE:DEF) Shares Up 1.9% - Here's What Happened

Defiance Silver logo with Basic Materials background

Defiance Silver Corp. (CVE:DEF - Get Free Report) shares shot up 1.9% on Wednesday . The stock traded as high as C$0.28 and last traded at C$0.27. 1,538,967 shares were traded during mid-day trading, an increase of 156% from the average session volume of 601,243 shares. The stock had previously closed at C$0.27.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Analysis on Defiance Silver

Defiance Silver Price Performance

The firm's 50 day moving average is C$0.25 and its 200 day moving average is C$0.24. The company has a market cap of C$63.92 million, a PE ratio of -19.04 and a beta of 2.95.

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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