Defiance Silver (DEF) Set to Announce Earnings on Thursday

Defiance Silver (CVE:DEF) will be posting its quarterly earnings results after the market closes on Thursday, November 14th. Analysts expect Defiance Silver to post earnings of C$0.07 per share for the quarter.

Defiance Silver (CVE:DEF) last issued its earnings results on Wednesday, August 14th. The company reported C$0.27 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.05 by C$0.22. The firm had revenue of C$133.17 million for the quarter, compared to analyst estimates of C$23.39 million.

Defiance Silver Stock Performance

DEF stock traded down C$0.02 during trading hours on Wednesday, reaching C$0.19. The stock had a trading volume of 1,257,219 shares, compared to its average volume of 426,283. The stock has a 50-day simple moving average of C$0.27 and a 200 day simple moving average of C$0.26. Defiance Silver has a fifty-two week low of C$0.09 and a fifty-two week high of C$0.54. The stock has a market capitalization of C$50.37 million, a PE ratio of -10.00 and a beta of 2.95. The company has a debt-to-equity ratio of 8.70, a current ratio of 2.41 and a quick ratio of 12.57.

Analysts Set New Price Targets

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

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.