Defiance Silver (CVE:DEF) Trading Up 1.9% – Still a Buy?

Defiance Silver Corp. (CVE:DEF)’s share price was up 1.9% on Wednesday . The stock traded as high as C$0.28 and last traded at C$0.27. Approximately 1,538,967 shares traded hands during mid-day trading, an increase of 156% from the average daily volume of 601,243 shares. The stock had previously closed at C$0.27.

Analyst Upgrades and Downgrades

Separately, Compass Point upgraded Defiance Silver to a “strong-buy” rating in a research note on Thursday, April 24th.

Defiance Silver Trading Down 5.9%

The company has a market cap of C$65.28 million, a PE ratio of -19.44 and a beta of 2.95. The firm has a 50 day moving average of C$0.25 and a two-hundred day moving average of C$0.24.

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.