Shares of Defense Metals Corp. (CVE:DEFN – Get Free Report) fell 6.7% during trading on Thursday . The stock traded as low as C$0.21 and last traded at C$0.21. 85,679 shares changed hands during trading, a decline of 43% from the average session volume of 149,613 shares. The stock had previously closed at C$0.23.
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 50 day moving average price is C$0.12 and its 200-day moving average price is C$0.13. The company has a market cap of C$53.02 million, a PE ratio of -10.25 and a beta of 0.65.
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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