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

Defiance Silver Corp. (CVE:DEF) Director Christopher David Wright purchased 56,200 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were purchased 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 ownership of the stock.

Defiance Silver Stock Up 5.4%

CVE:DEF traded up C$0.01 on Friday, reaching C$0.20. The stock had a trading volume of 953,306 shares, compared to its average volume of 1,145,783. The company has a market capitalization of C$73.35 million, a P/E ratio of -19.50 and a beta of 2.64. Defiance Silver Corp. has a 1-year low of C$0.15 and a 1-year high of C$0.52. The stock has a fifty day moving average price of C$0.17 and a 200-day moving average price of C$0.24.

Defiance Silver Company Profile

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.