Defense Metals Corp. (CVE:DEFN – Get Free Report) traded up 8.1% on Thursday . The company traded as high as C$0.21 and last traded at C$0.20. 208,528 shares were traded during trading, an increase of 37% from the average session volume of 151,728 shares. The stock had previously closed at C$0.19.
Defense Metals Stock Performance
The company has a market cap of C$58.46 million, a P/E ratio of -15.12 and a beta of 0.65. The company has a quick ratio of 1.04, a current ratio of 0.43 and a debt-to-equity ratio of 5.98. The stock has a 50 day moving average price of C$0.16 and a two-hundred day moving average price of C$0.16.
About Defense Metals
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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