Defiance Silver (CVE:DEF) Shares Down 5.5% – What’s Next?

Defiance Silver Corp. (CVE:DEF) shares dropped 5.5% on Wednesday . The stock traded as low as C$0.26 and last traded at C$0.26. Approximately 149,796 shares traded hands during trading, a decline of 61% from the average daily volume of 386,175 shares. The stock had previously closed at C$0.28.

Analyst Ratings Changes

DEF has been the subject of several research analyst reports. HC Wainwright raised shares of Defiance Silver to a “strong-buy” rating in a research note on Thursday, December 12th. Northland Capmk raised shares of Defiance Silver to a “strong-buy” rating in a research note on Wednesday, January 15th.

Defiance Silver Trading Down 3.6 %

The firm has a market capitalization of C$72.08 million, a PE ratio of -21.47 and a beta of 2.95. The business’s 50 day simple moving average is C$0.24 and its 200 day simple moving average is C$0.24.

Defiance Silver Company Profile

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.