Shares of Defense Metals Corp. (CVE:DEFN – Get Free Report) were down 7.5% during mid-day trading on Wednesday . The stock traded as low as C$0.19 and last traded at C$0.19. Approximately 5,920 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 133,120 shares. The stock had previously closed at C$0.20.
Defense Metals Stock Performance
The firm’s 50-day simple moving average is C$0.20 and its 200 day simple moving average is C$0.22. The stock has a market capitalization of C$47.84 million, a P/E ratio of -9.25 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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