Shares of Defense Metals Corp. (CVE:DEFN – Get Free Report) dropped 2.3% during mid-day trading on Wednesday . The company traded as low as C$0.12 and last traded at C$0.13. Approximately 635,962 shares were traded during trading, an increase of 378% from the average daily volume of 132,925 shares. The stock had previously closed at C$0.13.
Defense Metals Trading Down 7.7 %
The firm has a market capitalization of C$31.03 million, a PE ratio of -6.50 and a beta of 0.65. The business has a 50 day moving average price of C$0.17 and a 200-day moving average price of C$0.20.
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.
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