Defense Metals (35D) Price & Analysis

4 Followers

35D Stock Chart & Stats

€0.07

€0.00(0.00%)

At close: Jul 30 4:00 PM EDT

€0.07

€0.00(0.00%)

Day’s Range― - ―

52-Week Range€0.07 - €0.26

Previous CloseN/A

Volume0.00

Average Volume (3M)32.29K

Market Cap

€34.39M

Enterprise Value€80.65

Total Cash (Recent Filing)€12.88M

Total Debt (Recent Filing)€12.58K

Price to Earnings (P/E)―

Beta0.27

Next Earnings

Aug 27, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.01

Shares Outstanding395,148,040

10 Day Avg. Volume57,323

30 Day Avg. Volume32,288

Financial Highlights & Ratios

PEG Ratio0.48

Price to Book (P/B)1.25

Price to Sales (P/S)0.00

P/FCF Ratio-20.70

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)-0.02

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Low Leverage / Strong Balance SheetThe company’s near-zero debt and sizeable equity base provide durable financial flexibility for an exploration company. Low leverage reduces default risk and preserves optionality to fund studies or partner deals, supporting project development over the next 2–6 months.

Strategic Rare-earth Asset (Wicheeda)Owning a defined REE project positions the company to benefit from structural, long-term demand for rare earths used in clean energy and defense. Advancing Wicheeda toward mining and processing creates tangible development optionality and strategic sourcing relevance over months to years.

Substantial Equity CushionA large equity base versus negligible debt lowers near-term solvency pressure and allows the company to pursue exploration and technical studies without immediate debt service. This structural capital buffer supports continued project advancement and deal-making flexibility.

Bears Say

Pre-revenue Exploration ProfileAs a pre-revenue explorer, Defense Metals lacks operating cash inflows and must convert the Wicheeda resource into a commercial asset to generate sustainable earnings. This structural revenue gap makes long-term viability contingent on successful development or third-party commercialization.

Accelerating Negative Cash FlowPersistent and worsening operating and free cash outflows indicate accelerating cash burn. Over a 2–6 month horizon this creates durable financing pressure requiring capital raises or partnerships, increasing execution risk for advancing the project toward permitting and development.

Dependence On Capital Markets; Dilution RiskReliance on equity financings is a structural weakness: repeated capital raises dilute existing holders and tie project progress to market access. This dependency increases downside risk if market conditions or investor appetite deteriorate during the development timeline.

Defense Metals News

Defense Metals Joins New Sprott Rare Earths Ex-China ETF

An update from Defense Metals ( ($TSE:DEFN) ) is now available. Defense Metals Corp., a rare earth exploration...

4M ago

Defense Metals Joins New Sprott Rare Earths Ex-China ETF

An announcement from Defense Metals ( ($TSE:DEFN) ) is now available. Defense Metals Corp., a rare earth exploration...

4M ago

Defense Metals Secures Conditional C$1.88 Million for Wicheeda Clean Energy and Transport Overhaul

An announcement from Defense Metals ( ($TSE:DEFN) ) is now available. Defense Metals has received conditional approval for...

5M ago

Defense Metals Fast-Tracks Wicheeda Rare Earth Project as Strong NdPr Prices and Government Support Align

Defense Metals ( ($TSE:DEFN) ) has issued an update. Defense Metals reported that its Wicheeda rare earth project...

5M ago

Defense Metals Touts Wicheeda Rare Earth Project on Canadian-Led European Trade Mission

Defense Metals ( ($TSE:DEFN) ) has shared an announcement. Defense Metals has joined a Canadian government-led trade mission...

6M ago

Defense Metals’ Wicheeda Rare Earth Project Earns B.C. Critical Minerals Backing

Defense Metals ( ($TSE:DEFN) ) has shared an update. Defense Metals has been selected by the Province of...

6M ago

Defense Metals launches C$1 million pilot flotation program at Wicheeda rare earth project

The latest update is out from Defense Metals ( ($TSE:DEFN) ). Defense Metals Corp. has appointed SGS Canada...

6M ago

Defense Metals Strengthens Project Leadership with Appointment of Robin Jones as Vice President, Projects

An announcement from Defense Metals ( ($TSE:DEFN) ) is now available. Defense Metals Corp. has appointed veteran mining...

7M ago

Defense Metals Highlights Transformative 2025 as Wicheeda Rare Earth Project Advances Toward Next Phase

Defense Metals ( ($TSE:DEFN) ) has issued an announcement. Defense Metals reported that 2025 was a pivotal year...

8M ago

Defense Metals Gains Support for Wicheeda Rare Earth Project

Defense Metals ( ($TSE:DEFN) ) has shared an update. Defense Metals Corp. has received support from the McLeod...

9M ago

Defense Metals receives support from MLIB to advance Wicheeda Project

Defense Metals (DFMTF) recognizes the continued support of the Government of Canada and the McLeod Lake Indian Band,...

9M ago

Defense Metals appoints Mark Tory as CEO

Defense Metals (DFMTF) announced the appointment of Mark Tory to the position of CEO. Tory will commence his...

2y ago

35D FAQ

What was Defense Metals Corp.’s price range in the past 12 months?

Defense Metals Corp. lowest stock price was €0.07 and its highest was €0.26 in the past 12 months.

What is Defense Metals Corp.’s market cap?

Defense Metals Corp.’s market cap is €34.39M.

When is Defense Metals Corp.’s upcoming earnings report date?

Defense Metals Corp.’s upcoming earnings report date is Aug 27, 2026 which is in 16 days.

How were Defense Metals Corp.’s earnings last quarter?

Currently, no data Available

Is Defense Metals Corp. overvalued?

According to Wall Street analysts Defense Metals Corp.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Defense Metals Corp. pay dividends?

Defense Metals Corp. does not currently pay dividends.

What is Defense Metals Corp.’s EPS estimate?

Defense Metals Corp.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Defense Metals Corp. have?

Defense Metals Corp. has 395,148,040 shares outstanding.

What happened to Defense Metals Corp.’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of Defense Metals Corp.?

Currently, no hedge funds are holding shares in DE:35D

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Defense Metals Corp.

Defense Metals Corp. is a Canadian firm specializing in the discovery, development, and assessment of mineral deposits throughout the country. A significant asset for the company is its option to acquire full ownership of the Wicheeda project, an extensive site of 4,244 hectares in British Columbia, which comprises six mining claims. The corporation, originally known as First Legacy Mining Corp., rebranded to Defense Metals Corp. in December 2018. Established in 2016, its primary operational base is situated in Vancouver, Canada.