Defiance Silver (DEF) AI Stock Analysis

• Market Cap: C$96.47M
• Dividend Yield: N/A
• Average Volume (3M): 1.32M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.82
• Revenue Growth: N/A
• EPS Growth: 43.20%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): N/A
• Shares Outstanding: 364,019,040
• 10 Day Avg. Volume: 1,694,351
• 30 Day Avg. Volume: 1,317,126
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: C$0.25 ▲(3.75% Upside)

The score is held back mainly by weak financial performance (pre-revenue losses and negative cash flow), partly offset by a debt-free balance sheet and improved equity base. Technicals are moderately constructive with neutral momentum, while valuation is constrained by negative earnings and no dividend. Recent corporate events provide a positive near-term backdrop via exploration results and shareholder approvals.

Positive Factors

Strategic Acquisition

The acquisition of Green Earth Metals enhances Defiance's asset base and exploration potential, aligning with its strategy to strengthen its market position in a prime mining region.

Leadership Enhancement

The appointment of a new VP of Operations with extensive experience is expected to improve operational execution and exploration strategies, driving long-term value for shareholders.

Strong Equity Position

A strong equity position and absence of debt provide financial stability, allowing the company to focus on strategic growth initiatives without the burden of financial liabilities.

Negative Factors

Lack of Revenue

The absence of revenue generation and continued operational losses highlight significant financial challenges, affecting the company's ability to sustain operations and invest in growth.

Negative Cash Flow

Ongoing negative cash flow necessitates reliance on external financing, which can limit financial flexibility and impact long-term sustainability if not addressed.

Operational Losses

Persistent operational losses reflect inefficiencies and the need for improved cost management and operational strategies to achieve profitability and sustainable growth.

Defiance Silver Business Overview & Revenue Model

Company Description

Defiance Silver Corp (DEF) is a Canada-based resource company primarily engaged in the acquisition, exploration, and development of mineral properties rich in silver and other precious metals. Operating within the mining sector, Defiance Silver focuses on advancing its projects located in Mexico, one of the world's most prolific mining regions. The company's core projects include the San Acacio Silver Deposit and the Tepal Gold/Copper Project, which are strategically positioned to leverage high-grade mineralization and existing mining infrastructure.

How the Company Makes Money

Defiance Silver Corp generates revenue primarily through the exploration and development of its mineral properties, with a focus on silver, gold, and copper. The company aims to advance its projects to the stage where they can be sold, partnered, or taken into production. Key revenue streams include the potential sale of mineral rights, joint ventures, or extraction of resources. Significant partnerships with other mining companies or investors can also contribute to earnings by providing the capital and expertise necessary to advance project development. The company's earnings are influenced by factors such as commodity prices, exploration success, and operational efficiency.

Defiance Silver Financial Statement Overview

Summary

Defiance Silver is facing significant financial difficulties, characterized by a lack of revenue, consistent operational losses, and negative cash flows. The company's strong equity position and absence of debt provide some financial stability, but the ongoing negative cash flow and profitability metrics present substantial challenges that need to be addressed for long-term sustainability.

Income Statement

Defiance Silver has not generated any revenue over the periods analyzed, resulting in zero gross and net profit margins. The company has consistently reported negative EBIT and EBITDA, highlighting ongoing operational losses. This lack of revenue generation and continued losses indicate significant financial challenges.

Balance Sheet

The company maintains a strong equity base with no debt, as evidenced by a debt-to-equity ratio of zero, reflecting financial prudence in managing liabilities. The equity ratio is high, indicating a good level of financial stability. However, the absence of income affects the return on equity, which remains negative due to ongoing losses.

Cash Flow

Defiance Silver's cash flow statement shows negative operating and free cash flows, indicating challenges in generating cash from operations. The company is reliant on financing activities to cover deficits. Free cash flow growth remains negative, highlighting ongoing cash management issues.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	140.62K	0.00	0.00
Gross Profit	0.00	0.00	0.00	-141.00K	-139.60K	0.00
EBITDA	-2.19M	-2.92M	-1.64M	-3.79M	-4.11M	-2.95M
Net Income	-2.18M	-2.92M	-2.35M	-2.49M	-3.86M	-2.94M
Balance Sheet
Total Assets	63.38M	62.29M	42.27M	41.93M	41.56M	43.04M
Cash, Cash Equivalents and Short-Term Investments	12.89M	14.75M	265.83K	4.56M	11.78M	20.83M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	720.25K	883.99K	865.71K	1.33M	1.44M	1.31M
Stockholders Equity	62.66M	61.41M	41.41M	40.60M	40.12M	41.73M
Cash Flow
Free Cash Flow	-2.40M	-2.42M	-1.46M	-9.07M	-9.46M	-7.79M
Operating Cash Flow	-2.39M	-2.42M	-1.46M	-2.46M	-2.87M	-2.96M
Investing Cash Flow	-4.75M	-5.28M	-5.38M	-6.62M	-6.59M	-4.86M
Financing Cash Flow	19.05M	22.19M	2.54M	1.86M	411.28K	28.08M

Defiance Silver Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.24
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DEF, the sentiment is Positive. The current price of 0.24 is below the 20-day moving average (MA) of 0.25, above the 50-day MA of 0.22, and above the 200-day MA of 0.24, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 53.68 is Neutral, neither overbought nor oversold. The STOCH value of 66.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:DEF.

Defiance Silver Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
CUAU	57 Neutral	C$93.60M	-26.32	-44.59%	―	―	-56.33%
DEF	53 Neutral	C$96.47M	-37.32	-4.10%	―	―	43.20%
NAU	51 Neutral	C$148.69M	-23.20	-20.26%	―	―	-38.35%
PGDC	49 Neutral	C$193.00M	-17.51	―	―	14.89%	-24.08%
MMG	48 Neutral	C$78.67M	-16.67	-41.14%	―	―	42.42%

Defiance Silver Corporate Events

Defiance Silver Corp. Secures Shareholder Approval at 2025 AGM

Defiance Silver Corp. announced the results of its 2025 Annual General and Special Meeting, where shareholders approved all proposed items, including the election of board members, appointment of auditors, and confirmation of the 2021 Omnibus Plan. The meeting saw participation from shareholders representing nearly 25% of the company’s issued shares. The approvals reflect strong shareholder support and are expected to facilitate the company’s strategic exploration and asset advancement efforts.

Defiance Silver Unveils High-Grade Trenching Results at San Acacio

Defiance Silver Corp. has reported promising results from its trench sampling campaign at the San Acacio property in Zacatecas, Mexico. The campaign revealed high-grade silver and gold mineralization across the Veta Grande vein system, with significant findings such as 5180 g/t Ag and 4.85 g/t Au. This development enhances the company’s understanding of the surface geology and supports the upcoming mineral resource estimate, indicating potential for near-surface tonnage and continuity between historical open pits, which is crucial for future exploration and development strategies.