Defense Metals Corp. (CVE:DEFN – Get Free Report)’s stock price rose 22.6% on Thursday . The company traded as high as C$0.19 and last traded at C$0.19. Approximately 640,389 shares were traded during mid-day trading, an increase of 279% from the average daily volume of 168,778 shares. The stock had previously closed at C$0.16.
Defense Metals Trading Down 5.3 %
The stock has a 50-day simple moving average of C$0.17 and a two-hundred day simple moving average of C$0.13. The company has a debt-to-equity ratio of 5.98, a quick ratio of 1.04 and a current ratio of 0.43. The firm has a market cap of C$52.62 million, a PE ratio of -13.61 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.
Read More
- Five stocks we like better than Defense Metals
- How to start investing in penny stocks
- These 4 Tech ETFs Just Hit 50-Day Lows—Time to Buy?
- Profitably Trade Stocks at 52-Week Highs
- 3 Stocks to Buy While Others Stay on the Sidelines
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- MarketBeat Week in Review – 03/03 – 03/07
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.