Defense Metals Corp. (CVE:DEFN – Get Free Report) shares fell 9.1% on Tuesday . The company traded as low as C$0.10 and last traded at C$0.10. 172,894 shares traded hands during mid-day trading, an increase of 18% from the average session volume of 146,835 shares. The stock had previously closed at C$0.11.
Defense Metals Price Performance
The stock has a market capitalization of C$25.86 million, a price-to-earnings ratio of -5.50 and a beta of 0.65. 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 business has a 50-day simple moving average of C$0.12 and a two-hundred day simple moving average of C$0.17.
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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