Defense Metals Corp. (CVE:DEFN – Get Free Report) shares were up 14.3% during trading on Monday . The company traded as high as C$0.17 and last traded at C$0.16. Approximately 176,288 shares traded hands during trading, an increase of 21% from the average daily volume of 145,189 shares. The stock had previously closed at C$0.14.
Defense Metals Trading Up 10.7 %
The firm has a market capitalization of C$40.09 million, a P/E ratio of -7.75 and a beta of 0.65. The business’s 50 day moving average is C$0.10 and its two-hundred day moving average is C$0.13. The company has a quick ratio of 1.04, a current ratio of 0.63 and a debt-to-equity ratio of 0.26.
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.
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