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DEFN Stock Chart & Stats
C$0.12
>-C$0.01(-3.85%)
At close: 4:00 PM EDT
C$0.12
>-C$0.01(-3.85%)
Day’s Range― - ―
52-Week RangeC$0.11 - C$0.44
Previous CloseN/A
Volume30.50K
Average Volume (3M)1.30M
Market Cap
C$47.42M
Enterprise ValueC$80.65
Total Cash (Recent Filing)C$12.88M
Total Debt (Recent Filing)C$12.58K
Price to Earnings (P/E)―
Beta0.11
Next Earnings
Aug 27, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding395,148,040
10 Day Avg. Volume520,710
30 Day Avg. Volume1,301,853
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
Strategic REE AssetWicheeda is Defense Metals' principal development-stage rare-earth project focused on exploration, resource definition and potential mining/processing. Owning a defined REE deposit provides durable, project-driven optionality: successful advancement and permitting can create long-term value beyond short-term market moves.
Very Low LeverageExtremely low reported debt and near-zero debt-to-equity materially reduce solvency risk and interest burden for an exploration company. This structural balance sheet strength gives management flexibility to pursue studies and permitting without immediate debt servicing pressures, lasting across multiple quarters.
Substantial Equity CushionA sizable equity base (~$60.8M) provides a financial cushion to fund exploration and technical programs versus peers with thinner equity. That capital buffer supports multi-quarter project advancement and reduces near-term liquidation risk, making funding needs less acute while development decisions proceed.
Bears Say
Pre-revenue ProfileThe company reports no operating revenue historically or in the trailing twelve months, consistent with an exploration-stage profile. Without recurring sales, long-term viability and returns depend entirely on successful resource development, making cash needs and execution outcomes the primary durable risks.
Persistent Cash BurnNegative and worsening operating and free cash flows indicate accelerating cash burn to fund exploration and studies. This structural outflow increases the likelihood of future financing rounds and constrains the company's ability to self-fund multi-year development without external capital, affecting strategic optionality.
Reliance On Capital MarketsThe firm's historical dependence on issuing equity to finance operations creates a durable dilution and execution risk: continued project advancement will likely require further raises, which can dilute existing holders and limit long-term returns unless development milestones materially de-risk the asset.
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$47.42M.
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 21 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.
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 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.
Technical Analysis
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