Defense Metals Corp. (CVE:DEFN – Get Free Report) shares traded up 15% on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. 126,400 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 145,833 shares. The stock had previously closed at C$0.10.
Defense Metals Trading Up 5.0 %
The company has a debt-to-equity ratio of 0.26, a current ratio of 0.63 and a quick ratio of 1.04. The stock has a market capitalization of C$27.16 million, a PE ratio of -5.00 and a beta of 0.65. The stock’s 50 day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.17.
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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