Defense Metals Corp. (CVE:DEFN – Get Free Report)’s share price was up 21.2% on Monday . The stock traded as high as C$0.20 and last traded at C$0.20. Approximately 134,411 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 147,396 shares. The stock had previously closed at C$0.17.
Defense Metals Stock Up 30.3 %
The stock’s fifty day simple moving average is C$0.11 and its 200-day simple moving average is C$0.13. The stock has a market cap of C$55.60 million, a P/E ratio of -10.75 and a beta of 0.65. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.04 and a current ratio of 0.63.
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.
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