Defense Metals Corp. (CVE:DEFN – Get Free Report) shares rose 22.6% during mid-day trading on Thursday . The stock traded as high as C$0.19 and last traded at C$0.19. Approximately 640,389 shares traded hands during mid-day trading, an increase of 279% from the average daily volume of 168,778 shares. The stock had previously closed at C$0.16.
Defense Metals Stock Performance
The firm has a market cap of C$55.54 million, a PE ratio of -14.36 and a beta of 0.65. The company has a 50 day simple moving average of C$0.17 and a 200-day simple moving average of C$0.13. The company has a debt-to-equity ratio of 5.98, a current ratio of 0.43 and a quick ratio of 1.04.
About Defense Metals
Defense Metals Corp. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It has 100% interest in the Wicheeda project consisting of 9 mineral claims covering an area of 4,244 hectares located in British Columbia. The company was formerly known as First Legacy Mining Corp.
Recommended Stories
- Five stocks we like better than Defense Metals
- How to Capture the Benefits of Dividend Increases
- Corporate Crawl: Where Business Trips Turn Into Party Nights?
- Quiet Period Expirations Explained
- CrowdStrike’s Growth Remains Strong—Buy While It’s Down
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Is Advanced Micro Devices Stock Slide Over?
Receive News & Ratings for Defense Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Defense Metals and related companies with MarketBeat.com's FREE daily email newsletter.
