Defiance Silver (CVE:DEF) Trading Down 6.3% - Should You Sell?

Defiance Silver Corp. (CVE:DEF - Get Free Report)'s stock price fell 6.3% during trading on Friday . The stock traded as low as C$0.29 and last traded at C$0.30. 193,529 shares traded hands during trading, a decline of 52% from the average session volume of 403,575 shares. The stock had previously closed at C$0.32.

Analyst Upgrades and Downgrades

Separately, Maxim Group upgraded shares of Defiance Silver to a "strong-buy" rating in a research report on Friday, October 11th.

Defiance Silver Price Performance

The firm has a market cap of C$76.23 million, a P/E ratio of -10.00 and a beta of 2.95. The business has a 50-day simple moving average of C$0.27 and a 200 day simple moving average of C$0.26. The company has a debt-to-equity ratio of 8.70, a quick ratio of 12.57 and a current ratio of 2.41.

Defiance Silver (CVE:DEF - Get Free Report) last released its earnings results on Wednesday, August 14th. The company reported C$0.27 EPS for the quarter, topping the consensus estimate of C$0.05 by C$0.22. The company had revenue of C$133.17 million during the quarter, compared to the consensus estimate of C$23.39 million.

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.