Defiance Silver (CVE:DEF) Trading 12.8% Higher - Should You Buy?

Shares of Defiance Silver Corp. (CVE:DEF - Get Free Report) shot up 12.8% during mid-day trading on Friday . The stock traded as high as C$0.27 and last traded at C$0.27. 145,473 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 353,685 shares. The stock had previously closed at C$0.24.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Northland Capmk upgraded shares of Defiance Silver to a "strong-buy" rating in a research note on Wednesday, January 15th. HC Wainwright raised Defiance Silver to a "strong-buy" rating in a research report on Thursday, December 12th.

Defiance Silver Stock Up 19.1 %

The stock's fifty day moving average is C$0.21 and its two-hundred day moving average is C$0.24. The firm has a market capitalization of C$76.16 million, a price-to-earnings ratio of -22.68 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.