Defiance Silver (CVE:DEF) Shares Up 2.5%

Defiance Silver Corp. (CVE:DEF)’s share price was up 2.5% during mid-day trading on Wednesday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 57,400 shares were traded during trading, a decline of 86% from the average daily volume of 407,457 shares. The stock had previously closed at C$0.20.

Defiance Silver Stock Up 2.5 %

The company’s 50-day moving average price is C$0.23 and its 200 day moving average price is C$0.20. The company has a debt-to-equity ratio of 8.70, a quick ratio of 12.57 and a current ratio of 2.41. The stock has a market cap of C$55.81 million, a PE ratio of -10.00 and a beta of 2.96.

Defiance Silver (CVE:DEF) last announced its earnings results on Wednesday, May 15th. The company reported C$0.02 EPS for the quarter, beating analysts’ consensus estimates of C$0.01 by C$0.01. The business had revenue of C($4.92) million for the quarter, compared to analysts’ expectations of C$8.19 million.

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.