Defiance Silver (CVE:DEF) Stock Price Down 6.5% - What's Next?

Defiance Silver Corp. (CVE:DEF - Get Free Report) shares were down 6.5% during trading on Friday . The stock traded as low as C$0.21 and last traded at C$0.22. Approximately 229,750 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 424,624 shares. The stock had previously closed at C$0.23.

Analyst Ratings Changes

Several research analysts have issued reports on the company. HC Wainwright upgraded Defiance Silver to a "strong-buy" rating in a research report on Thursday. Maxim Group raised Defiance Silver to a "strong-buy" rating in a research note on Friday, October 11th.

Defiance Silver Stock Performance

The company has a quick ratio of 12.57, a current ratio of 2.41 and a debt-to-equity ratio of 8.70. The firm has a 50 day moving average price of C$0.26 and a 200 day moving average price of C$0.25. The stock has a market cap of C$59.90 million, a PE ratio of -10.00 and a beta of 2.95.

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.