Defense Metals Corp. (CVE:DEFN – Get Free Report) shares traded down 2.1% during trading on Wednesday . The company traded as low as C$0.23 and last traded at C$0.23. 75,020 shares were traded during trading, a decline of 54% from the average session volume of 164,439 shares. The stock had previously closed at C$0.24.
Defense Metals Price Performance
The company has a market capitalization of C$59.48 million, a price-to-earnings ratio of -11.50 and a beta of 0.62. The business has a fifty day moving average price of C$0.23 and a 200 day moving average price of C$0.21.
Insider Activity
In related news, Director Andrew Burgess sold 100,000 shares of Defense Metals stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of C$0.26, for a total transaction of C$26,000.00. Corporate 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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