Defiance Silver (DEF) Set to Announce Quarterly Earnings on Thursday

Defiance Silver (CVE:DEF) will be releasing its earnings data 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 the consensus estimate of C$0.05 by C$0.22. The firm had revenue of C$133.17 million during the quarter, compared to analyst estimates of C$23.39 million.

Defiance Silver Stock Down 2.5 %

DEF stock traded down C$0.01 during mid-day trading on Wednesday, hitting C$0.20. The stock had a trading volume of 666,421 shares, compared to its average volume of 422,081. The company has a current ratio of 2.41, a quick ratio of 12.57 and a debt-to-equity ratio of 8.70. The stock has a market capitalization of C$53.09 million, a price-to-earnings ratio of -10.00 and a beta of 2.95. The company has a fifty day moving average of C$0.27 and a 200 day moving average of C$0.26. Defiance Silver has a 1-year low of C$0.09 and a 1-year high of C$0.54.

Wall Street Analyst Weigh In

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

Defiance Silver Company Profile

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.