Brokers Issue Forecasts for Defiance Silver FY2024 Earnings

Defiance Silver Corp. (CVE:DEF) – B. Riley lifted their FY2024 earnings per share estimates for Defiance Silver in a report released on Monday, November 25th. B. Riley analyst H. Goetsch now expects that the company will post earnings of $0.36 per share for the year, up from their previous estimate of $0.29. B. Riley also issued estimates for Defiance Silver’s FY2025 earnings at $0.40 EPS.

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

Defiance Silver Price Performance

CVE:DEF opened at C$0.21 on Tuesday. The stock’s fifty day moving average is C$0.27 and its two-hundred day moving average is C$0.26. The company has a quick ratio of 12.57, a current ratio of 2.41 and a debt-to-equity ratio of 8.70. The company has a market capitalization of C$57.17 million, a P/E ratio of -10.00 and a beta of 2.95. Defiance Silver has a 52 week low of C$0.09 and a 52 week high of C$0.54.

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.