Defense Metals Corp. (CVE:DEFN – Get Free Report)’s share price shot up 15% on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. 126,400 shares changed hands during trading, a decline of 13% from the average session volume of 145,833 shares. The stock had previously closed at C$0.10.
Defense Metals Stock Up 5.0 %
The stock’s fifty day moving average is C$0.11 and its two-hundred day moving average is C$0.17. 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 firm has a market cap of C$27.16 million, a P/E ratio of -5.00 and a beta of 0.65.
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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