What’s Defiance Silver Corp Downside After Today’s Huge Decline?

 What's Defiance Silver Corp Downside After Today's Huge Decline?

The stock of Defiance Silver Corp (CVE:DEF) is a huge mover today! About 66,072 shares traded hands. Defiance Silver Corp (CVE:DEF) has risen 6.00% since October 18, 2016 and is uptrending. It has outperformed by 1.38% the S&P500.
The move comes after 7 months negative chart setup for the $33.01M company. It was reported on Nov, 17 by Barchart.com. We have $0.28 PT which if reached, will make CVE:DEF worth $4.62 million 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 $33.01 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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