Defiance Silver (CVE:DEF) Reaches New 12-Month Low – Time to Sell?

Shares of Defiance Silver Corp. (CVE:DEF – Get Free Report) hit a new 52-week low during trading on Friday. The company traded as low as C$0.16 and last traded at C$0.15, with a volume of 633281 shares traded. The stock had previously closed at C$0.17.

Analysts Set New Price Targets

Separately, Maxim Group cut Defiance Silver from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Defiance Silver currently has a consensus rating of “Buy”.

Read Our Latest Stock Analysis on DEF

Defiance Silver Stock Performance

The company has a market cap of C$60.19 million, a P/E ratio of -16.00 and a beta of 2.51. The stock has a 50-day simple moving average of C$0.19 and a 200 day simple moving average of C$0.20.

Defiance Silver Company Profile

(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.

See Also

Receive News & Ratings for Defiance Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Defiance Silver and related companies with MarketBeat.com's FREE daily email newsletter.