Defiance Silver (CVE:DEF) Sets New 1-Year Low – What’s Next?

Shares of Defiance Silver Corp. (CVE:DEF) reached a new 52-week low on Thursday . The stock traded as low as C$0.17 and last traded at C$0.17, with a volume of 121293 shares traded. The stock had previously closed at C$0.16.

Defiance Silver Trading Up 2.8%

The stock’s fifty day moving average price is C$0.22 and its 200 day moving average price is C$0.26. The stock has a market cap of C$69.59 million, a P/E ratio of -18.50 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.