Defiance Silver (CVE:DEF) Upgraded to Strong-Buy at HC Wainwright

Defiance Silver (CVE:DEF) was upgraded by equities research analysts at HC Wainwright to a “strong-buy” rating in a report released on Thursday,Zacks.com reports.

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

Defiance Silver Stock Down 4.3 %

DEF opened at C$0.22 on Thursday. Defiance Silver has a 12 month low of C$0.09 and a 12 month high of C$0.54. The company has a current ratio of 2.41, a quick ratio of 12.57 and a debt-to-equity ratio of 8.70. The business’s 50-day moving average price is C$0.26 and its 200-day moving average price is C$0.25. The company has a market cap of C$59.90 million, a P/E ratio of -10.00 and a beta of 2.95.

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.