Defense Metals Corp. (CVE:DEFN – Get Free Report) was up 2.4% during mid-day trading on Monday . The stock traded as high as C$0.22 and last traded at C$0.22. Approximately 16,770 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 180,846 shares. The stock had previously closed at C$0.21.
Defense Metals Trading Up 2.4 %
The stock has a market capitalization of C$55.60 million, a PE ratio of -10.75 and a beta of 0.62. The stock’s fifty day simple moving average is C$0.23 and its 200-day simple moving average is C$0.21.
Insiders Place Their Bets
In other Defense Metals news, Director Andrew Burgess sold 100,000 shares of Defense Metals stock in a transaction on Thursday, February 8th. The shares were sold at an average price of C$0.26, for a total transaction of C$26,000.00. Insiders own 3.46% of the company’s stock.
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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