Defense Metals Corp. (CVE:DEFN - Get Free Report) shares rose 31% during trading on Wednesday . The stock traded as high as C$0.21 and last traded at C$0.19. Approximately 1,514,733 shares changed hands during mid-day trading, an increase of 893% from the average daily volume of 152,589 shares. The stock had previously closed at C$0.15.
Defense Metals Stock Performance
The company's fifty day moving average price is C$0.15 and its two-hundred day moving average price is C$0.15. The company has a debt-to-equity ratio of 5.98, a quick ratio of 1.04 and a current ratio of 0.43. The firm has a market capitalization of C$55.54 million, a PE ratio of -14.36 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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