Defiance Silver (CVE:DEF) Hits New 12-Month Low – What’s Next?

Defiance Silver Corp. (CVE:DEF)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.16 and last traded at C$0.15, with a volume of 467978 shares changing hands. The stock had previously closed at C$0.17.

Defiance Silver Price Performance

The business has a 50 day moving average of C$0.19 and a 200 day moving average of C$0.25. The firm has a market capitalization of C$58.30 million, a price-to-earnings ratio of -15.50 and a beta of 2.65.

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.