Defiance Silver Corp. (CVE:DEF – Get Free Report) shares reached a new 52-week low on Wednesday. The stock traded as low as C$0.12 and last traded at C$0.13, with a volume of 415,504 shares trading hands. The stock had previously closed at C$0.13.
Wall Street Analysts Forecast Growth
Separately, Maxim Group downgraded shares of Defiance Silver from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.
Get Our Latest Analysis on DEF
Defiance Silver Stock Up 4.0%
The stock’s 50-day moving average price is C$0.18 and its 200 day moving average price is C$0.19. The firm has a market cap of C$48.90 million, a price-to-earnings ratio of -13.00 and a beta of 2.98.
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.
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