Defense Metals Corp. (CVE:DEFN – Get Free Report) shot up 14.3% during trading on Monday . The company traded as high as C$0.17 and last traded at C$0.16. 176,288 shares traded hands during mid-day trading, an increase of 21% from the average session volume of 145,189 shares. The stock had previously closed at C$0.14.
Defense Metals Stock Up 3.2 %
The company has a current ratio of 0.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.26. The stock has a market cap of C$41.38 million, a P/E ratio of -8.00 and a beta of 0.65. The firm has a 50-day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.13.
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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