Shares of Defense Metals Corp. (CVE:DEFN – Get Free Report) were up 18.5% during mid-day trading on Monday . The stock traded as high as C$0.16 and last traded at C$0.16. Approximately 141,514 shares changed hands during mid-day trading, an increase of 1% from the average daily volume of 139,482 shares. The stock had previously closed at C$0.14.
Defense Metals Trading Down 5.9 %
The company has a 50 day simple moving average of C$0.16 and a 200 day simple moving average of C$0.14. The company has a current ratio of 0.43, a quick ratio of 1.04 and a debt-to-equity ratio of 5.98. The stock has a market capitalization of C$46.77 million, a PE ratio of -12.09 and a beta of 0.65.
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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