Defense Metals Corp. (CVE:DEFN - Get Free Report) was up 27.3% during mid-day trading on Tuesday . The company traded as high as C$0.22 and last traded at C$0.21. Approximately 279,989 shares traded hands during trading, an increase of 89% from the average daily volume of 148,025 shares. The stock had previously closed at C$0.17.
Defense Metals Trading Up 7.1 %
The stock has a market cap of C$58.19 million, a PE ratio of -11.25 and a beta of 0.65. The company's 50-day moving average price is C$0.11 and its 200 day moving average price is C$0.13. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.04 and a current ratio of 0.63.
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
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? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.