Defiance Silver (DEF) Set to Announce Earnings on Thursday

Defiance Silver (CVE:DEF) is scheduled to announce its earnings results after the market closes on Thursday, November 14th. Analysts expect the company to announce earnings of C$0.07 per share for the quarter.

Defiance Silver (CVE:DEF) last announced its quarterly earnings data on Wednesday, August 14th. The company reported C$0.27 EPS for the quarter, beating analysts’ consensus estimates of C$0.05 by C$0.22. The firm had revenue of C$133.17 million during the quarter, compared to the consensus estimate of C$23.39 million.

Defiance Silver Trading Down 2.5 %

Shares of DEF stock traded down C$0.01 on Wednesday, reaching C$0.20. 666,421 shares of the stock were exchanged, compared to its average volume of 423,598. The company has a debt-to-equity ratio of 8.70, a current ratio of 2.41 and a quick ratio of 12.57. Defiance Silver has a one year low of C$0.09 and a one year high of C$0.54. The stock has a market cap of C$53.09 million, a PE ratio of -10.00 and a beta of 2.95. The stock has a 50 day moving average price of C$0.27 and a 200 day moving average price of C$0.26.

Analysts Set New Price Targets

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.