Defiance Silver (CVE:DEF) Trading Down 13.1%

Defiance Silver Corp. (CVE:DEFGet Rating) dropped 13.1% during trading on Friday . The company traded as low as C$0.26 and last traded at C$0.27. Approximately 98,811 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 246,090 shares. The stock had previously closed at C$0.31.

Defiance Silver Price Performance

The firm has a market capitalization of C$57.52 million and a PE ratio of -16.94. The business has a 50-day moving average of C$0.30 and a 200 day moving average of C$0.40. The company has a current ratio of 16.09, a quick ratio of 15.38 and a debt-to-equity ratio of 8.70.

About Defiance Silver

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Defiance Silver Corp., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties primarily in Mexico. It primarily explores for gold, copper, and silver deposits. The company's major projects include the Zacatecas silver projects in the mining region of Zacatecas in Mexico; and the Tepal copper-gold project in Michoacan, Mexico.

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