Defiance Silver (CVE:DEF) Stock Price Up 7.3%

Defiance Silver Corp. (CVE:DEF)’s stock price rose 7.3% during mid-day trading on Wednesday . The stock traded as high as C$0.22 and last traded at C$0.22. Approximately 103,040 shares changed hands during trading, a decline of 75% from the average daily volume of 414,887 shares. The stock had previously closed at C$0.21.

Defiance Silver Stock Performance

The company has a market cap of C$57.63 million, a PE ratio of -10.00 and a beta of 2.82. The company has a quick ratio of 12.57, a current ratio of 0.78 and a debt-to-equity ratio of 8.70. The company has a 50-day moving average of C$0.27 and a 200-day moving average of C$0.19.

Defiance Silver (CVE:DEF) last announced its earnings results on Wednesday, May 15th. The company reported C$0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.01 by C$0.01. The company had revenue of C($4.92) million for the quarter, compared to analysts’ expectations of C$8.19 million.

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.