Defiance Silver (CVE:DEF) Director Paul Smith Sells 106,002 Shares

Defiance Silver Corp. (CVE:DEF) Director Paul Smith sold 106,002 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of C$0.32, for a total transaction of C$33,920.64. Following the completion of the sale, the director owned 1,360,000 shares in the company, valued at approximately C$435,200. The trade was a 7.23% decrease in their position.

Defiance Silver Price Performance

CVE:DEF opened at C$0.32 on Wednesday. Defiance Silver Corp. has a one year low of C$0.17 and a one year high of C$0.52. The company has a fifty day moving average price of C$0.32 and a 200 day moving average price of C$0.26. The stock has a market cap of C$116.49 million, a P/E ratio of -32.00 and a beta of 2.71.

Wall Street Analysts Forecast Growth

Separately, Benchmark raised Defiance Silver to a “strong-buy” rating in a research report on Friday, November 21st. Two equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the company currently has an average rating of “Strong Buy”.

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