Defiance Silver (CVE:DEF) Reaches New 52-Week Low – Should You Sell?

Defiance Silver Corp. (CVE:DEFGet Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as C$0.17 and last traded at C$0.17, with a volume of 121293 shares. The stock had previously closed at C$0.16.

Defiance Silver Trading Up 11.3%

The company has a market cap of C$66.96 million, a PE ratio of -17.80 and a beta of 2.62. The firm’s fifty day moving average is C$0.22 and its 200 day moving average is C$0.26.

About Defiance Silver

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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. Defiance Silver Corp. was incorporated in 2007 and is based in Vancouver, Canada.

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