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

Shares of Defiance Silver Corp. (CVE:DEF) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.16 and last traded at C$0.16, with a volume of 349215 shares traded. The stock had previously closed at C$0.17.

Defiance Silver Stock Down 5.9%

The business has a fifty day moving average price of C$0.18 and a 200-day moving average price of C$0.25. The company has a market cap of C$60.19 million, a P/E ratio of -16.00 and a beta of 2.65.

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