Defiance Silver Corp. (CVE:DEF - Get Free Report) shares rose 12.5% during trading on Tuesday . The company traded as high as C$0.36 and last traded at C$0.36. Approximately 439,569 shares were traded during mid-day trading, an increase of 10% from the average daily volume of 398,395 shares. The stock had previously closed at C$0.32.
Wall Street Analyst Weigh In
Separately, Maxim Group raised Defiance Silver to a "strong-buy" rating in a report on Friday, October 11th.
Read Our Latest Report on DEF
Defiance Silver Price Performance
The company has a current ratio of 2.41, a quick ratio of 12.57 and a debt-to-equity ratio of 8.70. The business has a 50-day moving average price of C$0.25 and a two-hundred day moving average price of C$0.25. The firm has a market capitalization of C$103.46 million, a price-to-earnings ratio of -10.00 and a beta of 2.95.
Defiance Silver (CVE:DEF - Get Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The company reported C$0.27 earnings per share for the quarter, topping analysts' consensus estimates of C$0.05 by C$0.22. The company had revenue of C$133.17 million for the quarter, compared to analyst estimates of C$23.39 million.
About Defiance Silver
(
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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.
Further Reading
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