Defiance Silver (CVE:DEF) Trading Down 13.1%

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

Defiance Silver Price Performance

The company’s 50-day moving average is C$0.30 and its two-hundred day moving average is C$0.40. The company has a debt-to-equity ratio of 8.70, a current ratio of 16.09 and a quick ratio of 15.38. The firm has a market cap of C$57.52 million and a P/E ratio of -16.94.

Defiance Silver Company Profile

(Get Rating)

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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