Shares of Defense Metals Corp. (CVE:DEFN - Get Free Report) traded down 25% on Friday . The stock traded as low as C$0.14 and last traded at C$0.15. 3,795,672 shares traded hands during mid-day trading, an increase of 1,696% from the average session volume of 211,346 shares. The stock had previously closed at C$0.20.
Defense Metals Stock Performance
The firm has a market capitalization of C$55.40 million, a P/E ratio of -8.25 and a beta of -1.20. The business's 50 day simple moving average is C$0.20 and its two-hundred day simple moving average is C$0.18. The company has a current ratio of 0.43, a quick ratio of 1.04 and a debt-to-equity ratio of 5.98.
Defense Metals Company Profile
(
Get Free Report)
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.
See Also
Before you consider Defense Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Defense Metals wasn't on the list.
While Defense Metals currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
