Free Trial

Defense Metals (CVE:DEFN) Shares Up 22.6% - Here's What Happened

Defense Metals logo with Basic Materials background
Remove Ads

Defense Metals Corp. (CVE:DEFN - Get Free Report) traded up 22.6% on Wednesday . The stock traded as high as C$0.19 and last traded at C$0.19. 442,200 shares traded hands during trading, an increase of 173% from the average session volume of 162,262 shares. The stock had previously closed at C$0.16.

Defense Metals Trading Down 5.3 %

The company has a market cap of C$52.62 million, a price-to-earnings ratio of -13.61 and a beta of 0.65. The company's fifty day moving average price is C$0.17 and its two-hundred day moving average price is C$0.13. The company has a quick ratio of 1.04, a current ratio of 0.43 and a debt-to-equity ratio of 5.98.

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.

Featured Articles

Should You Invest $1,000 in Defense Metals Right Now?

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

Unlock the Potential in Options Trading Cover

Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?

3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?

SoftBank’s latest move is a turnaround for the chip sector; here are 3 chip stocks set to surge. Plus, find a bonus AI stock pick at the end of the video.

Related Videos

3 AI Stocks to Watch After NVIDIA’s Dip

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads