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Defense Metals (CVE:DEFN) Trading Up 17.1% - Time to Buy?

Written by MarketBeat
October 7, 2025
Defense Metals logo with Basic Materials background

Key Points

  • Defense Metals Corp. (CVE:DEFN) saw its stock price increase by 17.1%, reaching as high as C$0.25 during trading on Tuesday.
  • The company's debt-to-equity ratio stands at 5.98, with a market capitalization of C$73.87 million.
  • Defense Metals holds a 100% interest in the Wicheeda project, which includes 9 mineral claims over an area of 4,244 hectares in British Columbia.
  • Five stocks we like better than Defense Metals.

Defense Metals Corp. (CVE:DEFN - Get Free Report)'s stock price shot up 17.1% during mid-day trading on Tuesday . The stock traded as high as C$0.25 and last traded at C$0.24. 1,525,158 shares traded hands during trading, an increase of 482% from the average session volume of 262,084 shares. The stock had previously closed at C$0.21.

Defense Metals Trading Up 7.3%

The company has a debt-to-equity ratio of 5.98, a current ratio of 0.43 and a quick ratio of 1.04. The company has a market capitalization of C$73.87 million, a P/E ratio of -11.00 and a beta of -1.26. The firm has a fifty day moving average price of C$0.20 and a 200-day moving average price of C$0.18.

About Defense Metals

(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.

Further Reading

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