Defense Metals Corp. (CVE:DEFN – Get Free Report) shot up 27.3% during mid-day trading on Monday . The company traded as high as C$0.22 and last traded at C$0.21. Approximately 279,989 shares were traded during trading, an increase of 89% from the average daily volume of 148,025 shares. The stock had previously closed at C$0.17.
Defense Metals Stock Up 7.1 %
The business’s fifty day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.13. The company has a market cap of C$58.19 million, a PE ratio of -11.25 and a beta of 0.65. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.63 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
- Investing in Construction Stocks
- Work and Play: Investing in the Rise of Bleisure Travel
- With Risk Tolerance, One Size Does Not Fit All
- Top Dividend Stocks to Buy Now as Bond Yields Could Lower
- Utilities Stocks Explained – How and Why to Invest in Utilities
- SAP: AI Tailwinds Accelerating Enterprise Cloud Business
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.
