Defense Metals (CVE:DEFN) Shares Down 2.1%

Defense Metals Corp. (CVE:DEFN)’s stock price fell 2.1% during trading on Wednesday . The company traded as low as C$0.23 and last traded at C$0.23. 75,020 shares traded hands during trading, a decline of 54% from the average session volume of 164,439 shares. The stock had previously closed at C$0.24.

Defense Metals Price Performance

The company has a market cap of C$59.48 million, a price-to-earnings ratio of -11.50 and a beta of 0.62. The business’s fifty day moving average price is C$0.23 and its 200 day moving average price is C$0.21.

Insider Transactions at Defense Metals

In other news, Director Andrew Burgess sold 100,000 shares of Defense Metals stock in a transaction on Thursday, February 8th. The shares were sold at an average price of C$0.26, for a total transaction of C$26,000.00. 3.46% of the stock is owned by company insiders.

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.