Defiance Silver (CVE:DEF) Upgraded to “Strong-Buy” at HC Wainwright

HC Wainwright upgraded shares of Defiance Silver (CVE:DEF) to a strong-buy rating in a research note issued to investors on Thursday,Zacks.com reports.

Separately, Maxim Group upgraded shares of Defiance Silver to a “strong-buy” rating in a report on Friday, October 11th.

Defiance Silver Stock Performance

Shares of DEF opened at C$0.22 on Thursday. Defiance Silver has a 1 year low of C$0.09 and a 1 year high of C$0.54. The company’s 50 day simple moving average is C$0.26 and its 200 day simple moving average is C$0.25. The company has a market capitalization of C$59.90 million, a price-to-earnings ratio of -10.00 and a beta of 2.95. The company has a debt-to-equity ratio of 8.70, a quick ratio of 12.57 and a current ratio of 2.41.

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.