Defense Metals Corp. (CVE:DEFN – Get Free Report) shares dropped 13.6% on Thursday. The stock traded as low as C$0.10 and last traded at C$0.10. 387,291 shares changed hands during mid-day trading, an increase of 29% from the average daily volume of 300,817 shares. The stock had previously closed at C$0.11.
Defense Metals Stock Down 13.6%
The company’s 50 day moving average price is C$0.14 and its two-hundred day moving average price is C$0.16. The firm has a market cap of C$37.54 million, a PE ratio of -4.75 and a beta of -2.52. The company has a current ratio of 1.65, a quick ratio of 1.04 and a debt-to-equity ratio of 0.34.
Defense Metals Company Profile
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. and changed its name to Defense Metals Corp. in December 2018. Defense Metals Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.
Recommended Stories
- Five stocks we like better than Defense Metals
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
- Fastenal Flashes Bullish Signal as Uptrend Holds Despite Margin Pressure
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.
