Defiance Silver (DEF) to Release Quarterly Earnings on Thursday

Defiance Silver (CVE:DEF) will be posting its quarterly earnings results after the market closes on Thursday, November 14th. Analysts expect Defiance Silver to post earnings of C$0.07 per share for the quarter.

Defiance Silver (CVE:DEF) last issued its quarterly earnings results on Wednesday, August 14th. The company reported C$0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.05 by C$0.22. The business had revenue of C$133.17 million during the quarter, compared to analyst estimates of C$23.39 million.

Defiance Silver Stock Performance

CVE:DEF traded down C$0.01 during mid-day trading on Wednesday, hitting C$0.20. 666,421 shares of the company’s stock traded hands, compared to its average volume of 423,598. Defiance Silver has a 12 month low of C$0.09 and a 12 month high of C$0.54. The firm has a market capitalization of C$53.09 million, a price-to-earnings ratio of -10.00 and a beta of 2.95. The firm has a 50 day moving average of C$0.27 and a two-hundred day moving average of C$0.26. The company has a current ratio of 2.41, a quick ratio of 12.57 and a debt-to-equity ratio of 8.70.

Wall Street Analyst Weigh In

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

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.