Paul Smith Sells 106,002 Shares of Defiance Silver (CVE:DEF) Stock

Defiance Silver Corp. (CVE:DEF) Director Paul Smith sold 106,002 shares of Defiance Silver stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of C$0.32, for a total value of C$33,920.64. Following the transaction, the director owned 1,360,000 shares in the company, valued at C$435,200. This trade represents a 7.23% decrease in their ownership of the stock.

Defiance Silver Stock Up 7.8%

Shares of DEF opened at C$0.35 on Thursday. The business has a 50-day simple moving average of C$0.32 and a two-hundred day simple moving average of C$0.26. Defiance Silver Corp. has a 52 week low of C$0.17 and a 52 week high of C$0.52. The stock has a market cap of C$125.59 million, a price-to-earnings ratio of -34.50 and a beta of 2.71.

Analysts Set New Price Targets

Separately, Benchmark upgraded shares of Defiance Silver to a “strong-buy” rating in a research report on Friday, November 21st. Two equities research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock has an average rating of “Strong Buy”.

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