Defense Metals (OTCMKTS:DFMTF) Trading Down 0.9% – Here’s Why

Defense Metals Corp. (OTCMKTS:DFMTFGet Free Report) shares dropped 0.9% during trading on Monday . The company traded as low as $0.11 and last traded at $0.11. Approximately 47,527 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 125,531 shares. The stock had previously closed at $0.11.

Defense Metals Stock Performance

The stock has a 50-day simple moving average of $0.12 and a two-hundred day simple moving average of $0.09.

Defense Metals Company Profile

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Defense Metals Corp. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It holds 100% interest in the Wicheeda Project consisting of 6 claims covering an area of 8,301 hectares located in British Columbia. The company was formerly known as First Legacy Mining Corp.

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