Defiance Silver (CVE:DEF) Stock Price Up 9.1% - Should You Buy?

Defiance Silver Corp. (CVE:DEF - Get Free Report) shares rose 9.1% during mid-day trading on Thursday . The stock traded as high as C$0.24 and last traded at C$0.24. Approximately 253,680 shares changed hands during trading, a decline of 15% from the average daily volume of 299,863 shares. The stock had previously closed at C$0.22.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. HC Wainwright upgraded shares of Defiance Silver to a "strong-buy" rating in a research note on Thursday, December 12th. Maxim Group upgraded shares of Defiance Silver to a "strong-buy" rating in a research note on Friday, October 11th. Finally, Northland Capmk raised shares of Defiance Silver to a "strong-buy" rating in a research report on Wednesday, January 15th.

Defiance Silver Trading Down 2.1 %

The company has a market cap of C$62.62 million, a PE ratio of -10.00 and a beta of 2.95. The firm has a fifty day moving average of C$0.21 and a two-hundred day moving average of C$0.24. The company has a current ratio of 2.41, a quick ratio of 12.57 and a debt-to-equity ratio of 8.70.

About Defiance Silver

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.