Defiance Silver (CVE:DEF) Shares Down 14.9% – Here’s What Happened

Defiance Silver Corp. (CVE:DEFGet Free Report) shares fell 14.9% on Thursday . The company traded as low as C$0.19 and last traded at C$0.20. 3,690,396 shares traded hands during mid-day trading, an increase of 323% from the average session volume of 871,438 shares. The stock had previously closed at C$0.24.

Defiance Silver Price Performance

The business’s 50 day moving average is C$0.22 and its two-hundred day moving average is C$0.24. The firm has a market capitalization of C$70.50 million, a PE ratio of -10.00 and a beta of 1.11.

Defiance Silver Company Profile

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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.

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