Defense Metals Corp. (CVE:DEFN – Get Free Report) shot up 6.9% on Thursday . The company traded as high as C$0.17 and last traded at C$0.16. 252,200 shares were traded during trading, an increase of 65% from the average session volume of 152,583 shares. The stock had previously closed at C$0.15.
Defense Metals Stock Performance
The business has a 50-day moving average of C$0.16 and a two-hundred day moving average of C$0.14. The company has a debt-to-equity ratio of 5.98, a current ratio of 0.43 and a quick ratio of 1.04. The company has a market cap of C$45.31 million, a P/E ratio of -11.72 and a beta of 0.65.
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.
Featured Stories
- Five stocks we like better than Defense Metals
- Growth Stocks: What They Are, Examples and How to Invest
- Short Sellers Gave Up on These 3 Names Recently
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- 3 Boring Stocks Outperforming the Market This Year
- Canadian Penny Stocks: Can They Make You Rich?
- If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy
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.
