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

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

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

Defiance Silver Price Performance

Shares of CVE:DEF opened at C$0.22 on Thursday. The firm has a market capitalization 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. The company 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 twelve month low of C$0.09 and a twelve month high of C$0.54.

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.