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DEFN Stock Chart & Stats
C$0.15
>-C$0.01(-3.85%)
At close: 4:00 PM EDT
C$0.15
>-C$0.01(-3.85%)
Day’s Range― - ―
52-Week RangeC$0.11 - C$0.44
Previous CloseN/A
Volume30.50K
Average Volume (3M)175.29K
Market Cap
C$63.22M
Enterprise ValueC$50.37
Total Cash (Recent Filing)C$9.11M
Total Debt (Recent Filing)C$203.53K
Price to Earnings (P/E)―
Beta0.11
Next Earnings
Dec 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding395,148,040
10 Day Avg. Volume145,556
30 Day Avg. Volume175,292
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)-0.04
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Minimal LeverageExtremely low leverage reduces solvency and interest-burden risk while the Wicheeda project remains in development. This gives Defense Metals greater financial flexibility to fund technical work and permitting without the immediate constraints associated with significant debt obligations.
Strong Capitalization BaseA substantial equity base and asset growth provide a stronger capitalization foundation than many early-stage peers. This can support continued project advancement and improve resilience through development spending, even though the company has not yet reached commercial production.
Cost DisciplineMaintaining cost discipline while generating no reported revenue can help extend available funding and limit the pace of cash consumption. If preserved as exploration and development activities continue, this discipline may improve the company’s ability to reach project milestones with fewer resources.
Bears Say
No Operating RevenueThe absence of operating revenue means Defense Metals has not yet demonstrated commercial demand or a self-funding business model. Until Wicheeda advances to production or another monetization pathway, the company remains dependent on external financing to fund ongoing activities.
Persistent Cash BurnPersistent negative operating and free cash flow indicates that current activities consume cash rather than generate it. Deteriorating TTM free cash flow increases funding needs and leaves project advancement dependent on maintaining access to capital while development continues.
Worsening LossesWorsening losses show that the company has not yet achieved operating leverage as it advances its project. Continued losses can erode equity over time and raise the risk of further financing requirements, especially while revenue generation remains absent and returns on equity are negative.
Defense Metals News
DEFN FAQ
What was Defense Metals Corp.’s price range in the past 12 months?
Defense Metals Corp. lowest stock price was C$0.11 and its highest was C$0.43 in the past 12 months.
What is Defense Metals Corp.’s market cap?
Defense Metals Corp.’s market cap is C$63.22M.
When is Defense Metals Corp.’s upcoming earnings report date?
Defense Metals Corp.’s upcoming earnings report date is Dec 02, 2026 which is in 68 days.
How were Defense Metals Corp.’s earnings last quarter?
Defense Metals Corp. released its earnings results on Jul 29, 2026. The company reported -C$0.002 earnings per share for the quarter.
Is Defense Metals Corp. overvalued?
According to Wall Street analysts Defense Metals Corp.’s price is currently Overvalued.
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?
Defense Metals Corp. reported an EPS of -C$0.002 in its last earnings report. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Defense Metals Corp.?
Currently, no hedge funds are holding shares in TSE:DEFN
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.
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