Defiance Silver (CVE:DEF) Shares Down 4.7%

Defiance Silver Corp. (CVE:DEF) traded down 4.7% during mid-day trading on Friday . The stock traded as low as C$0.21 and last traded at C$0.21. 26,500 shares traded hands during trading, a decline of 94% from the average session volume of 415,260 shares. The stock had previously closed at C$0.22.

Defiance Silver Price Performance

The company has a quick ratio of 12.57, a current ratio of 0.78 and a debt-to-equity ratio of 8.70. The firm’s 50-day moving average is C$0.27 and its 200-day moving average is C$0.19. The company has a market cap of C$52.51 million, a PE ratio of -10.00 and a beta of 2.82.

Defiance Silver (CVE:DEF) last announced its quarterly earnings data on Wednesday, May 15th. The company reported C$0.02 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.01 by C$0.01. The business had revenue of C($4.92) million during the quarter, compared to analysts’ expectations of C$8.19 million.

Defiance Silver Company Profile

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.