Shares of Defense Metals Corp. (CVE:DEFN – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.09 and last traded at C$0.10, with a volume of 519786 shares. The stock had previously closed at C$0.11.
Defense Metals Stock Performance
The company’s 50 day moving average is C$0.16 and its 200 day moving average is C$0.20. The stock has a market capitalization of C$21.98 million, a price-to-earnings ratio of -4.25 and a beta of 0.65.
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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