Defiance Silver (CVE:DEF) Shares Down 2.4%

Defiance Silver Corp. (CVE:DEF) fell 2.4% during trading on Wednesday . The stock traded as low as C$0.20 and last traded at C$0.20. 101,616 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 329,467 shares. The stock had previously closed at C$0.21.

Defiance Silver Stock Performance

The business’s fifty day simple moving average is C$0.14 and its 200-day simple moving average is C$0.12. The firm has a market cap of C$49.95 million, a P/E ratio of -10.00 and a beta of 2.83. The company has a current ratio of 0.78, a quick ratio of 12.57 and a debt-to-equity ratio of 8.70.

Insider Buying and Selling

In other news, insider Breakaway Strategic Resources Segregated Portfolio sold 3,000,000 shares of the business’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of C$0.10, for a total transaction of C$300,000.00. 4.13% of the stock is owned by insiders.

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.