Defense Metals (CVE:DEFN) Shares Down 9.1%

Defense Metals Corp. (CVE:DEFNGet Free Report) was down 9.1% on Wednesday . The stock traded as low as C$0.20 and last traded at C$0.20. Approximately 34,498 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 141,389 shares. The stock had previously closed at C$0.22.

Defense Metals Stock Performance

The stock has a fifty day moving average of C$0.21 and a 200-day moving average of C$0.22. The company has a market cap of C$50.43 million, a PE ratio of -9.75 and a beta of 0.65.

Defense Metals Company Profile

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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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