Defense Metals Corp. (CVE:DEFN – Get Free Report)’s share price reached a new 52-week low on Friday . The stock traded as low as C$0.12 and last traded at C$0.12, with a volume of 74233 shares changing hands. The stock had previously closed at C$0.13.
Defense Metals Stock Performance
The company has a debt-to-equity ratio of 0.04, a current ratio of 26.44 and a quick ratio of 1.04. The company has a 50 day simple moving average of C$0.16 and a 200-day simple moving average of C$0.21. The firm has a market cap of C$51.06 million, a PE ratio of -6.50 and a beta of -2.25.
About Defense Metals
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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