Christopher David Wright Acquires 56,200 Shares of Defiance Silver (CVE:DEF) Stock

Defiance Silver Corp. (CVE:DEF) Director Christopher David Wright purchased 56,200 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was acquired at an average price of C$0.21 per share, for a total transaction of C$11,802.00. Following the completion of the purchase, the director directly owned 1,400,000 shares of the company’s stock, valued at C$294,000. This represents a 4.18% increase in their position.

Defiance Silver Trading Up 10.8%

Shares of DEF opened at C$0.20 on Friday. Defiance Silver Corp. has a 12 month low of C$0.15 and a 12 month high of C$0.52. The firm’s 50 day moving average is C$0.17 and its 200-day moving average is C$0.24. The stock has a market capitalization of C$77.11 million, a PE ratio of -20.50 and a beta of 2.64.

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.