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Defiance Silver (CVE:DEF) Shares Up 17% - What's Next?

Defiance Silver logo with Basic Materials background

Defiance Silver Corp. (CVE:DEF - Get Free Report)'s share price traded up 17% on Monday . The stock traded as high as C$0.28 and last traded at C$0.28. 2,721,759 shares traded hands during mid-day trading, an increase of 370% from the average session volume of 578,716 shares. The stock had previously closed at C$0.24.

Analysts Set New Price Targets

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

Read Our Latest Report on Defiance Silver

Defiance Silver Trading Down 9.1%

The firm's fifty day moving average is C$0.24 and its 200-day moving average is C$0.24. The stock has a market capitalization of C$68.00 million, a PE ratio of -20.25 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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