Defense Metals Corp. (CVE:DEFN - Get Free Report) traded down 11.1% on Thursday . The company traded as low as C$0.20 and last traded at C$0.20. 141,038 shares were traded during mid-day trading, a decline of 6% from the average session volume of 149,613 shares. The stock had previously closed at C$0.23.
Defense Metals Stock Down 8.9 %
The company has a quick ratio of 1.04, a current ratio of 0.63 and a debt-to-equity ratio of 0.26. The business has a 50-day simple moving average of C$0.12 and a 200-day simple moving average of C$0.13. The company has a market cap of C$53.02 million, a PE ratio of -10.25 and a beta of 0.65.
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.
Read More
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
Click the link below 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.
