Defiance Silver (CVE:DEF) Trading Down 5.5% - Should You Sell?

Defiance Silver Corp. (CVE:DEF - Get Free Report)'s stock price traded down 5.5% on Wednesday . The stock traded as low as C$0.26 and last traded at C$0.26. 149,796 shares were traded during mid-day trading, a decline of 61% from the average session volume of 386,175 shares. The stock had previously closed at C$0.28.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Northland Capmk upgraded Defiance Silver to a "strong-buy" rating in a research report on Wednesday, January 15th. HC Wainwright upgraded shares of Defiance Silver to a "strong-buy" rating in a report on Thursday, December 12th.

Defiance Silver Stock Down 8.5 %

The firm has a fifty day simple moving average of C$0.24 and a 200-day simple moving average of C$0.24. The company has a market capitalization of C$73.44 million, a P/E ratio of -21.87 and a beta of 2.95.

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.