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Defiance Silver (CVE:DEF) Trading Up 32.4% - Here's Why

Defiance Silver logo with Basic Materials background

Defiance Silver Corp. (CVE:DEF - Get Free Report) shares traded up 32.4% during mid-day trading on Thursday . The company traded as high as C$0.25 and last traded at C$0.25. 858,559 shares changed hands during trading, an increase of 98% from the average session volume of 432,862 shares. The stock had previously closed at C$0.19.

Analysts Set New Price Targets

Separately, Northland Capmk upgraded Defiance Silver to a "strong-buy" rating in a research note on Wednesday, January 15th.

View Our Latest Report on Defiance Silver

Defiance Silver Stock Performance

The company has a market cap of C$73.98 million, a P/E ratio of -22.03 and a beta of 2.95. The business's fifty day moving average is C$0.25 and its two-hundred day moving average is C$0.24.

Defiance Silver Company Profile

(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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