Defiance Silver (CVE:DEF) Reaches New 1-Year Low – Here’s Why

Defiance Silver Corp. (CVE:DEF)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.18 and last traded at C$0.18, with a volume of 1029510 shares changing hands. The stock had previously closed at C$0.19.

Defiance Silver Stock Down 7.9%

The business’s fifty day moving average is C$0.22 and its 200-day moving average is C$0.26. The stock has a market capitalization of C$65.83 million, a PE ratio of -17.50 and a beta of 2.62.

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. Defiance Silver Corp. was incorporated in 2007 and is based in Vancouver, Canada.