Defense Metals Corp. (CVE:DEFN - Get Free Report)'s share price traded up 31% during trading on Wednesday . The company traded as high as C$0.21 and last traded at C$0.19. 1,292,783 shares were traded during mid-day trading, an increase of 760% from the average session volume of 150,239 shares. The stock had previously closed at C$0.15.
Defense Metals Stock Performance
The stock has a market cap of C$55.54 million, a PE ratio of -14.36 and a beta of 0.65. The firm's 50-day moving average is C$0.15 and its 200 day moving average 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.
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.
Recommended Stories
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
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.