Paul Smith Sells 106,002 Shares of Defiance Silver (CVE:DEF) Stock

Defiance Silver Corp. (CVE:DEF) Director Paul Smith sold 106,002 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of C$0.32, for a total value of C$33,920.64. Following the sale, the director owned 1,360,000 shares in the company, valued at approximately C$435,200. This trade represents a 7.23% decrease in their ownership of the stock.

Defiance Silver Stock Down 1.6%

DEF traded down C$0.01 during trading on Tuesday, hitting C$0.32. The company’s stock had a trading volume of 813,780 shares, compared to its average volume of 2,616,232. The stock has a market capitalization of C$114.67 million, a price-to-earnings ratio of -31.50 and a beta of 2.71. The firm’s 50 day moving average price is C$0.31 and its two-hundred day moving average price is C$0.26. Defiance Silver Corp. has a 12 month low of C$0.17 and a 12 month high of C$0.52.

Analyst Ratings Changes

Separately, Benchmark raised shares of Defiance Silver to a “strong-buy” rating in a report on Friday, November 21st. Two research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

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