Shares of Defense Metals Corp. (CVE:DEFN – Get Free Report) were down 13.6% on Thursday. The company traded as low as C$0.10 and last traded at C$0.10. 387,291 shares changed hands during trading, an increase of 29% from the average session volume of 300,817 shares. The stock had previously closed at C$0.11.
Defense Metals Trading Up 10.5%
The company has a quick ratio of 1.04, a current ratio of 1.65 and a debt-to-equity ratio of 0.34. The business’s 50 day moving average is C$0.14 and its 200-day moving average is C$0.16. The firm has a market cap of C$41.49 million, a P/E ratio of -5.25 and a beta of -2.52.
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. and changed its name to Defense Metals Corp. in December 2018. Defense Metals Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.
Further Reading
- Five stocks we like better than Defense Metals
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
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.
