Northland Capmk Upgrades Defiance Silver (CVE:DEF) to Strong-Buy

Defiance Silver (CVE:DEF - Get Free Report) was upgraded by research analysts at Northland Capmk to a "strong-buy" rating in a note issued to investors on Wednesday,Zacks.com reports.

Several other analysts have also issued reports on DEF. Maxim Group upgraded Defiance Silver to a "strong-buy" rating in a report on Friday, October 11th. HC Wainwright raised Defiance Silver to a "strong-buy" rating in a research note on Thursday, December 12th.

Defiance Silver Stock Down 6.7 %

Defiance Silver stock traded down C$0.02 during trading hours on Wednesday, hitting C$0.21. The company had a trading volume of 177,800 shares, compared to its average volume of 327,288. Defiance Silver has a fifty-two week low of C$0.09 and a fifty-two week high of C$0.54. The company has a debt-to-equity ratio of 8.70, a current ratio of 2.41 and a quick ratio of 12.57. The firm has a market capitalization of C$57.17 million, a P/E ratio of -10.00 and a beta of 2.95. The firm's fifty day moving average is C$0.21 and its 200-day moving average is C$0.24.

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.