Defense Metals Corp. (CVE:DEFN – Get Free Report) traded down 3.2% on Thursday . The stock traded as low as C$0.15 and last traded at C$0.15. 193,000 shares traded hands during mid-day trading, a decline of 11% from the average session volume of 217,447 shares. The stock had previously closed at C$0.16.
Defense Metals Trading Up 6.7 %
The company has a quick ratio of 1.04, a current ratio of 0.63 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of C$41.38 million, a price-to-earnings ratio of -8.00 and a beta of 0.65. The business has a 50-day moving average of C$0.14 and a two-hundred day 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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