Defense Metals Corp. (CVE:DEFN - Get Free Report) shares were up 10.8% during trading on Thursday . The stock traded as high as C$0.21 and last traded at C$0.21. Approximately 117,328 shares were traded during trading, a decline of 22% from the average daily volume of 150,022 shares. The stock had previously closed at C$0.19.
Defense Metals Price Performance
The stock has a 50-day moving average price of C$0.16 and a two-hundred day moving average price of C$0.16. 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 cap of C$57.00 million, a price-to-earnings ratio of -14.74 and a beta of 0.65.
About Defense Metals
(
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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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