Defiance Silver (CVE:DEF) Stock Price Up 20.7% – Time to Buy?

by · The Cerbat Gem

Defiance Silver Corp. (CVE:DEF – Get Free Report) shot up 20.7% during trading on Tuesday . The stock traded as high as C$0.37 and last traded at C$0.34. 7,329,217 shares changed hands during trading, an increase of 219% from the average session volume of 2,297,578 shares. The stock had previously closed at C$0.28.

Wall Street Analyst Weigh In

Separately, Benchmark upgraded shares of Defiance Silver to a “strong-buy” rating in a research report on Friday, November 21st. Three investment analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, Defiance Silver currently has a consensus rating of “Strong Buy”.

Check Out Our Latest Stock Analysis on DEF

Defiance Silver Trading Up 17.9%

The firm has a market capitalization of C$120.13 million, a PE ratio of -33.00 and a beta of 2.11. The business has a fifty day moving average price of C$0.23 and a two-hundred day moving average price of C$0.23.

About Defiance Silver

(Get Free Report)

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. Defiance Silver Corp. was incorporated in 2007 and is based in Vancouver, Canada.

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