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Defiance Silver (CVE:DEF) Trading Up 32.4% - Should You Buy?

Defiance Silver logo with Basic Materials background

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

Wall Street Analysts Forecast Growth

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

Read Our Latest Analysis on Defiance Silver

Defiance Silver Stock Performance

The stock has a market capitalization of C$73.98 million, a price-to-earnings ratio of -22.03 and a beta of 2.95. The stock has a fifty day simple moving average of C$0.25 and a two-hundred day simple moving average of C$0.24.

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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