It Seems Defiance Silver Corp Will Go Down. Have Another Big Decline


The stock of Defiance Silver Corp (CVE:DEF) is a huge mover today! The stock decreased 5.75% or $0.025 on September 13, hitting $0.41. About 119,998 shares traded hands. Defiance Silver Corp (CVE:DEF) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 5 months negative chart setup for the $38.01 million company. It was reported on Sep, 13 by We have $0.35 PT which if reached, will make CVE:DEF worth $5.32M less.

Defiance Silver Corp. is an exploration-stage firm and engages principally in the acquisition and exploration of mineral property interests primarily in Mexico. The company has a market cap of $38.01 million. The Firm has the right to acquire an interest in a property and has applied for a second property, both of which are located in Mexico . It currently has negative earnings. The San Acacio silver deposit is located in the Zacatecas Silver District, Mexico.

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