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Defiance Silver (CVE:DEF) Stock Price Passes Below 50 Day Moving Average - Should You Sell?

Defiance Silver logo with Basic Materials background

Shares of Defiance Silver Corp. (CVE:DEF - Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.25 and traded as low as C$0.23. Defiance Silver shares last traded at C$0.23, with a volume of 679,004 shares changing hands.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. HC Wainwright upgraded shares of 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 research note on Wednesday, January 15th.

View Our Latest Analysis on DEF

Defiance Silver Stock Performance

The stock has a market capitalization of C$59.84 million, a PE ratio of -17.82 and a beta of 2.95. The firm has a 50-day moving average price of C$0.25 and a 200-day moving average price of C$0.24.

About Defiance Silver

(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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