Shares of Defense Metals Corp. (CVE:DEFN – Get Free Report) traded down 15.2% during mid-day trading on Wednesday . The company traded as low as C$0.20 and last traded at C$0.20. 1,613,178 shares traded hands during trading, an increase of 267% from the average session volume of 439,663 shares. The stock had previously closed at C$0.23.
Defense Metals Trading Down 15.2%
The stock has a fifty day moving average of C$0.24 and a 200-day moving average of C$0.21. The company has a market cap of C$65.47 million, a PE ratio of -9.75 and a beta of -1.49. The company has a debt-to-equity ratio of 5.98, a quick ratio of 1.04 and a current ratio of 0.43.
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.
Further Reading
- Five stocks we like better than Defense Metals
- Energy and Oil Stocks Explained
- onsemi Places a $6 Billion Bet on Its Own Stock
- Basic Materials Stocks Investing
- HIMS Has Been a Roller Coaster Ride. Should Investors Hop On?
- How to Calculate Retirement Income: MarketBeat’s Calculator
- End the Year Strong With These 3 Comeback Champions
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.
