Defiance Silver (CVE:DEF) Trading Up 27.7% – Here’s Why

Defiance Silver Corp. (CVE:DEF)’s stock price traded up 27.7% during mid-day trading on Tuesday . The company traded as high as C$0.30 and last traded at C$0.30. 391,362 shares changed hands during trading, an increase of 6% from the average session volume of 370,301 shares. The stock had previously closed at C$0.24.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. HC Wainwright upgraded Defiance Silver to a “strong-buy” rating in a report on Thursday, December 12th. Northland Capmk upgraded Defiance Silver to a “strong-buy” rating in a report on Wednesday, January 15th.

Defiance Silver Trading Up 7.4 %

The company has a market cap of C$78.88 million, a PE ratio of -23.49 and a beta of 2.95. The business has a fifty day moving average of C$0.22 and a 200-day moving average of C$0.24.

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.