Defiance Silver (CVE:DEF) Trading Down 2.4%

Defiance Silver Corp. (CVE:DEF) shares dropped 2.4% on Wednesday . The company traded as low as C$0.20 and last traded at C$0.20. Approximately 101,616 shares were traded during trading, a decline of 69% from the average daily volume of 329,467 shares. The stock had previously closed at C$0.21.

Defiance Silver Stock Up 7.3 %

The company has a quick ratio of 12.57, a current ratio of 0.78 and a debt-to-equity ratio of 8.70. The company has a market cap of C$56.35 million, a price-to-earnings ratio of -10.00 and a beta of 2.83. The stock has a fifty day moving average price of C$0.14 and a two-hundred day moving average price of C$0.12.

Defiance Silver (CVE:DEF) last posted its earnings results on Monday, April 1st. The company reported C($0.02) earnings per share for the quarter. The firm had revenue of C$4.50 million during the quarter.

Insider Transactions at Defiance Silver

In other news, insider Breakaway Strategic Resources Segregated Portfolio sold 3,000,000 shares of Defiance Silver stock in a transaction on Thursday, March 7th. The stock was sold at an average price of C$0.10, for a total transaction of C$300,000.00. Insiders own 4.13% of the company’s stock.

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.