Defiance Silver (CVE:DEF) Trading 6.1% Higher – Here’s What Happened

Defiance Silver Corp. (CVE:DEF)’s share price traded up 6.1% during trading on Friday . The company traded as high as C$0.27 and last traded at C$0.26. 357,424 shares traded hands during trading, a decline of 17% from the average session volume of 430,154 shares. The stock had previously closed at C$0.25.

Wall Street Analysts Forecast Growth

Separately, Northland Capmk raised Defiance Silver to a “strong-buy” rating in a research note on Wednesday, January 15th.

Defiance Silver Price Performance

The stock’s fifty day moving average is C$0.25 and its 200-day moving average is C$0.24. The stock has a market cap of C$70.72 million, a PE ratio of -21.06 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.