Defiance Silver (CVE:DEF) Stock Price Up 10.8%

Defiance Silver Corp. (CVE:DEF) shares rose 10.8% during trading on Tuesday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 609,889 shares changed hands during mid-day trading, an increase of 83% from the average daily volume of 332,843 shares. The stock had previously closed at C$0.19.

Defiance Silver Price Performance

The stock has a market capitalization of C$56.35 million, a P/E ratio of -10.00 and a beta of 2.83. The company has a debt-to-equity ratio of 8.70, a quick ratio of 12.57 and a current ratio of 0.78. The stock has a 50-day simple moving average of C$0.14 and a 200 day simple moving average of C$0.12.

Defiance Silver (CVE:DEF) last released its quarterly earnings results on Monday, April 1st. The company reported C($0.02) earnings per share (EPS) for the quarter. The business had revenue of C$4.50 million during the quarter.

Insider Activity

In other news, insider Breakaway Strategic Resources Segregated Portfolio sold 3,000,000 shares of the firm’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of C$0.10, for a total value of C$300,000.00. 4.13% of the stock is owned by corporate insiders.

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.