Defiance Silver (CVE:DEF) Trading Up 11.1% – Should You Buy?

Defiance Silver Corp. (CVE:DEF) shares rose 11.1% on Monday . The company traded as high as C$0.31 and last traded at C$0.30. Approximately 377,700 shares were traded during trading, a decline of 3% from the average daily volume of 388,697 shares. The stock had previously closed at C$0.27.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on DEF shares. HC Wainwright raised shares of Defiance Silver to a “strong-buy” rating in a research report on Thursday, December 12th. Northland Capmk upgraded Defiance Silver to a “strong-buy” rating in a report on Wednesday, January 15th.

Defiance Silver Trading Up 11.1 %

The stock has a 50-day simple moving average of C$0.24 and a 200 day simple moving average of C$0.24. The company has a market cap of C$81.60 million, a price-to-earnings ratio of -24.30 and a beta of 2.95.

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.