Defiance Silver (CVE:DEF) Sets New 52-Week Low – Time to Sell?

Defiance Silver Corp. (CVE:DEFGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.16 and last traded at C$0.16, with a volume of 300205 shares changing hands. The stock had previously closed at C$0.16.

Defiance Silver Price Performance

The firm has a market cap of C$62.07 million, a price-to-earnings ratio of -16.50 and a beta of 2.65. The firm’s 50 day moving average price is C$0.17 and its 200-day moving average price is C$0.24.

Defiance Silver Company Profile

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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.

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