Defense Metals Corp. (CVE:DEFN – Get Free Report) rose 7.1% on Friday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 180,624 shares were traded during trading, a decline of 49% from the average session volume of 355,875 shares. The stock had previously closed at C$0.14.
Defense Metals Price Performance
The company has a current ratio of 26.44, a quick ratio of 1.04 and a debt-to-equity ratio of 0.04. The company has a market cap of C$58.92 million, a PE ratio of -7.50 and a beta of -2.25. The firm has a 50 day moving average of C$0.17 and a two-hundred day moving average of C$0.22.
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. and changed its name to Defense Metals Corp. in December 2018. Defense Metals Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.
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