Defense Metals (CVE:DEFN) Shares Up 27.3% – Here’s Why

Defense Metals Corp. ( CVE:DEFN – Get Free Report ) rose 27.3% during trading on Tuesday .

The stock traded as high as C$0.22 and last traded at C$0.21.



Approximately 279,989 shares were traded during mid-day 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 company has a debt-to-equity ratio of 0.26, a current ratio of 0.

63 and a quick ratio of 1.04. The company has a market capitalization of C$58.

19 million, a price-to-earnings ratio of -11.25 and a beta of 0.65.

The business has a fifty day moving average price of C$0.11 and a 200 day moving average price of 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 Stories Receive News & Ratings for Defense Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Defense Metals and related companies with MarketBeat.com's FREE daily email newsletter .

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