Defense Metals (CVE:DEFN) Hits New 1-Year Low at $0.08

Defense Metals Corp. (CVE:DEFNGet Free Report)’s stock price reached a new 52-week low on Monday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 211520 shares traded. The stock had previously closed at C$0.08.

Defense Metals Price Performance

The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.04 and a current ratio of 0.63. The stock’s fifty day moving average price is C$0.14 and its 200-day moving average price is C$0.19. The firm has a market cap of C$23.28 million, a PE ratio of -4.50 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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