Defiance Silver (CVE:DEF) Hits New 52-Week Low – Here’s Why

Defiance Silver Corp. (CVE:DEF – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as C$0.13 and last traded at C$0.14, with a volume of 184279 shares. The stock had previously closed at C$0.14.

Wall Street Analysts Forecast Growth

Separately, Maxim Group lowered Defiance Silver from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Check Out Our Latest Research Report on Defiance Silver

Defiance Silver Stock Performance

The stock has a market cap of C$50.78 million, a price-to-earnings ratio of -13.50 and a beta of 2.98. The business’s 50 day moving average is C$0.18 and its 200 day moving average is C$0.20.

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.

Recommended Stories

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.