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

Defiance Silver Corp. (CVE:DEF) shares were up 7.3% during 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 mid-day 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 Trading Up 9.8 %

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 debt-to-equity ratio of 8.70, a current ratio of 0.78 and a quick ratio of 12.57. 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 released its quarterly earnings results on Wednesday, May 15th. The company reported C$0.02 EPS for the quarter, topping the consensus estimate of C$0.01 by C$0.01. The company had revenue of C($4.92) million during 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.