Defense Metals Corp. (CVE:DEFN - Get Free Report)'s stock price shot up 22.6% during trading on Wednesday . The stock traded as high as C$0.19 and last traded at C$0.19. 640,389 shares traded hands during trading, an increase of 279% from the average session volume of 168,778 shares. The stock had previously closed at C$0.16.
Defense Metals Stock Down 5.3 %
The company has a current ratio of 0.43, a quick ratio of 1.04 and a debt-to-equity ratio of 5.98. The firm has a market cap of C$52.62 million, a P/E ratio of -13.61 and a beta of 0.65. The stock's fifty day moving average is C$0.17 and its two-hundred day moving average is C$0.13.
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.
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? 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.
