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Defiance Silver (CVE:DEF) Shares Up 32.4% - What's Next?

Defiance Silver logo with Basic Materials background

Defiance Silver Corp. (CVE:DEF - Get Free Report)'s stock price rose 32.4% on Thursday . The stock traded as high as C$0.25 and last traded at C$0.25. Approximately 858,559 shares were traded during mid-day trading, an increase of 98% from the average daily volume of 432,862 shares. The stock had previously closed at C$0.19.

Analysts Set New Price Targets

Separately, Northland Capmk upgraded Defiance Silver to a "strong-buy" rating in a research report on Wednesday, January 15th.

Check Out Our Latest Report on DEF

Defiance Silver Trading Down 2.9 %

The stock's 50 day moving average price is C$0.25 and its two-hundred day moving average price is C$0.24. The firm has a market capitalization of C$73.98 million, a price-to-earnings ratio of -22.03 and a beta of 2.95.

Defiance Silver Company Profile

(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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