Defense Metals Corp. (CVE:DEFN – Get Free Report)’s share price was up 18.5% on Monday . The stock traded as high as C$0.16 and last traded at C$0.16. Approximately 141,514 shares changed hands during mid-day trading, an increase of 2% from the average daily volume of 139,186 shares. The stock had previously closed at C$0.14.
Defense Metals Price Performance
The company has a market cap of C$49.69 million, a P/E ratio of -12.85 and a beta of 0.65. The company’s 50-day moving average price is C$0.16 and its 200-day moving average price is C$0.14. The company has a debt-to-equity ratio of 5.98, a current ratio of 0.43 and a quick ratio of 1.04.
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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