Defense Metals (CVE:DEFN) Stock Price Up 10.5%

Defense Metals Corp. (CVE:DEFNGet Free Report) shares traded up 10.5% during trading on Monday . The company traded as high as C$0.21 and last traded at C$0.21. 125,886 shares were traded during trading, a decline of 11% from the average session volume of 141,457 shares. The stock had previously closed at C$0.19.

Defense Metals Stock Performance

The firm’s 50-day simple moving average is C$0.21 and its 200 day simple moving average is C$0.22. The company has a market cap of C$51.72 million, a P/E ratio of -9.50 and a beta of 0.65.

About Defense Metals

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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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