Defiance Silver (CVE:DEF) Stock Rating Upgraded by HC Wainwright

HC Wainwright upgraded shares of Defiance Silver (CVE:DEF) to a strong-buy rating in a report published on Thursday morning,Zacks.com reports.

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

Defiance Silver Price Performance

Shares of CVE DEF opened at C$0.22 on Thursday. The business has a 50 day moving average price of C$0.26 and a two-hundred day moving average price of C$0.25. Defiance Silver has a fifty-two week low of C$0.09 and a fifty-two week high of C$0.54. The firm has a market cap of C$59.90 million, a PE ratio of -10.00 and a beta of 2.95. The company has a quick ratio of 12.57, a current ratio of 2.41 and a debt-to-equity ratio of 8.70.

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.