Defiance Silver (CVE:DEF) Trading Up 11.1% - Should You Buy?

Defiance Silver Corp. (CVE:DEF - Get Free Report)'s stock price was up 11.1% on Monday . The stock traded as high as C$0.31 and last traded at C$0.30. Approximately 377,700 shares were traded during mid-day trading, a decline of 3% from the average daily volume of 388,697 shares. The stock had previously closed at C$0.27.

Analyst Ratings Changes

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

Defiance Silver Stock Down 8.9 %

The stock has a 50-day simple moving average of C$0.25 and a two-hundred day simple moving average of C$0.25. The firm has a market cap of C$69.36 million, a PE ratio of -20.66 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.