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DEF

Defiance Silver TSXV:DEF Stock Report

Last Price

CA$0.26

Market Cap

CA$56.4m

7D

-12.1%

1Y

-65.5%

Updated

04 Jul, 2022

Data

Company Financials
DEF fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

DEF Stock Overview

Defiance Silver Corp., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties primarily in Mexico.

Defiance Silver Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Defiance Silver
Historical stock prices
Current Share PriceCA$0.26
52 Week HighCA$0.80
52 Week LowCA$0.23
Beta2.26
1 Month Change-38.55%
3 Month Change-56.03%
1 Year Change-65.54%
3 Year Change2.00%
5 Year Change-12.07%
Change since IPO91.25%

Recent News & Updates

Jun 01
We Think Defiance Silver (CVE:DEF) Needs To Drive Business Growth Carefully

We Think Defiance Silver (CVE:DEF) Needs To Drive Business Growth Carefully

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...

Feb 12
Companies Like Defiance Silver (CVE:DEF) Are In A Position To Invest In Growth

Companies Like Defiance Silver (CVE:DEF) Are In A Position To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Oct 30
We're Not Very Worried About Defiance Silver's (CVE:DEF) Cash Burn Rate

We're Not Very Worried About Defiance Silver's (CVE:DEF) Cash Burn Rate

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...

Shareholder Returns

DEFCA Metals and MiningCA Market
7D-12.1%-5.8%-0.8%
1Y-65.5%-18.2%-5.0%

Return vs Industry: DEF underperformed the Canadian Metals and Mining industry which returned -18.2% over the past year.

Return vs Market: DEF underperformed the Canadian Market which returned -5% over the past year.

Price Volatility

Is DEF's price volatile compared to industry and market?
DEF volatility
DEF Average Weekly Movement11.6%
Metals and Mining Industry Average Movement11.0%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market4.4%

Stable Share Price: DEF is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: DEF's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/aChris Wrighthttps://www.defiancesilver.com

Defiance Silver Corp., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties primarily in Mexico. It primarily explores for gold, copper, and silver deposits. The company’s major projects include the Zacatecas silver projects in the mining region of Zacatecas in Mexico; and the Tepal copper-gold project in Michoacan, Mexico.

Defiance Silver Fundamentals Summary

How do Defiance Silver's earnings and revenue compare to its market cap?
DEF fundamental statistics
Market CapCA$56.41m
Earnings (TTM)-CA$3.93m
Revenue (TTM)n/a

0.0x

P/S Ratio

-14.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DEF income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$3.93m
Earnings-CA$3.93m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.018
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did DEF perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is DEF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DEF?

Other financial metrics that can be useful for relative valuation.

DEF key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does DEF's PB Ratio compare to its peers?

DEF PB Ratio vs Peers
The above table shows the PB ratio for DEF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average5.3x
ZAC Zacatecas Silver
17.9xn/aCA$53.7m
SVE Silver One Resources
1.7xn/aCA$52.0m
KTN Kootenay Silver
0.6xn/aCA$54.0m
AGMR Silver Mountain Resources
1.2xn/aCA$46.6m
DEF Defiance Silver
1.4xn/aCA$56.4m

Price-To-Book vs Peers: DEF is good value based on its Price-To-Book Ratio (1.4x) compared to the peer average (5.3x).


Price to Earnings Ratio vs Industry

How does DEF's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

Price-To-Book vs Industry: DEF is good value based on its Price-To-Book Ratio (1.4x) compared to the Canadian Metals and Mining industry average (1.6x)


Price to Book Ratio vs Fair Ratio

What is DEF's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DEF PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1.4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate DEF's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of DEF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate DEF's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate DEF's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DEF's PEG Ratio to determine if it is good value.


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Future Growth

How is Defiance Silver forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.3%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Defiance Silver has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine Defiance Silver's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Defiance Silver competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Defiance Silver performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-36.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DEF is currently unprofitable.

Growing Profit Margin: DEF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DEF is unprofitable, and losses have increased over the past 5 years at a rate of 36.6% per year.

Accelerating Growth: Unable to compare DEF's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DEF is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-6%).


Return on Equity

High ROE: DEF has a negative Return on Equity (-9.72%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Defiance Silver's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: DEF's short term assets (CA$14.3M) exceed its short term liabilities (CA$889.3K).

Long Term Liabilities: DEF's short term assets (CA$14.3M) exceed its long term liabilities (CA$36.0K).


Debt to Equity History and Analysis

Debt Level: DEF is debt free.

Reducing Debt: DEF had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: DEF has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: DEF has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 36.5% each year.


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Dividend

What is Defiance Silver current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate DEF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DEF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DEF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DEF's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as DEF has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

1.7yrs

Average management tenure


CEO

Chris Wright

3.08yrs

Tenure

CA$165,000

Compensation

Mr. Christopher David Wright, also known as Chris, has been Executive Chairman of the Board for Defiance Silver Corporation since May 2019 and Director since May 7, 2019. He serves as CEO and President at...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD128.04K) is below average for companies of similar size in the Canadian market ($USD191.19K).

Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: DEF's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: DEF's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: DEF insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Defiance Silver Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Defiance Silver Corp.
  • Ticker: DEF
  • Exchange: TSXV
  • Founded: 2007
  • Industry: Silver
  • Sector: Materials
  • Implied Market Cap: CA$56.410m
  • Shares outstanding: 221.22m
  • Website: https://www.defiancesilver.com

Location

  • Defiance Silver Corp.
  • 550 Burrard Street
  • Suite 2900
  • Vancouver
  • British Columbia
  • V6C 0A3
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/04 00:00
End of Day Share Price2022/07/04 00:00
Earnings2022/03/31
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.