Defiance Silver (CVE:DEF) Director Christopher David Wright Purchases 56,200 Shares

Defiance Silver Corp. (CVE:DEF) Director Christopher David Wright purchased 56,200 shares of the business’s stock in a transaction on Friday, August 7th. The stock was acquired at an average cost of C$0.21 per share, with a total value of C$11,802.00. Following the completion of the acquisition, the director directly owned 1,400,000 shares in the company, valued at C$294,000. The trade was a 4.18% increase in their position.

Defiance Silver Price Performance

Shares of DEF opened at C$0.20 on Friday. The firm’s 50 day moving average is C$0.17 and its 200-day moving average is C$0.24. The stock has a market capitalization of C$77.11 million, a P/E ratio of -20.50 and a beta of 2.64. Defiance Silver Corp. has a 12-month low of C$0.15 and a 12-month high of C$0.52.

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. Defiance Silver Corp. was incorporated in 2007 and is based in Vancouver, Canada.