Defense Metals Corp. (CVE:DEFN – Get Free Report)’s share price hit a new 52-week low during trading on Monday. The stock traded as low as C$0.09 and last traded at C$0.10, with a volume of 75,547 shares changing hands. The stock had previously closed at C$0.10.
Defense Metals Price Performance
The firm has a market capitalization of C$39.51 million, a P/E ratio of -5.00 and a beta of -2.76. The business’s 50-day simple moving average is C$0.13 and its 200 day simple moving average is C$0.18. The company has a quick ratio of 1.04, a current ratio of 1.65 and a debt-to-equity ratio of 0.34.
Defense Metals Company Profile
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. and changed its name to Defense Metals Corp. in December 2018. Defense Metals Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.
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