Defense Metals (DEFN) Price & Analysis

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DEFN Stock Chart & Stats

C$0.29

<C$0.01(2.78%)

At close: Jan 08 4:00 PM EST

C$0.29

<C$0.01(2.78%)

Day’s Range― - ―

52-Week RangeC$0.12 - C$0.44

Previous CloseN/A

Volume126.91K

Average Volume (3M)1.30M

Market Cap

C$84.45M

Enterprise ValueC$83.16M

Total Cash (Recent Filing)C$3.16M

Total Debt (Recent Filing)C$39.57K

Price to Earnings (P/E)―

Beta-0.20

Next Earnings

Mar 03, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)>-0.01

Shares Outstanding392,774,540

10 Day Avg. Volume520,710

30 Day Avg. Volume1,301,853

Financial Highlights & Ratios

PEG Ratio-0.07

Price to Book (P/B)1.04

Price to Sales (P/S)0.00

P/FCF Ratio-9.64

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)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Conservative Balance Sheet (low Leverage)Extremely low debt relative to equity and assets (~$0.04M debt vs ~$47.3M equity and ~$48.9M assets) gives the company durable financial flexibility during project development, lowering refinancing risk and providing a cushion to fund exploration without immediate debt pressure.

Focused Rare-earth Development Asset (Wicheeda)A clear, single-asset development strategy centered on the Wicheeda REE project concentrates management, technical expertise, and capital deployment on advancing toward production. For a minerals developer, this focused path increases the chance of value realization if development milestones are met.

Improving Free Cash Flow TrendAlthough free cash flow remains negative (~-$6.1M TTM), the TTM improvement versus the prior year suggests better cost discipline or timing benefits. A sustained improvement reduces near-term funding needs and extends the runway for development activities, improving long-term viability.

Bears Say

Pre-revenue And Sustained LossesBeing pre-revenue with recurring TTM losses (~-$5.1M) means the company cannot self-fund development from operations. This structural position increases execution risk, extends time to profitability, and makes the business dependent on external capital to progress toward commercial production.

Persistent Negative Operating Cash FlowConsistent negative operating cash flow (~-$4.8M TTM) reflects ongoing cash burn to fund exploration and development. This elevates funding and dilution risk, constraining the company's ability to finance capital-intensive milestones without raising new equity or alternative financing.

Negative Returns On Equity And Dilution RiskROE of roughly -12% signals that invested capital is not generating returns. With continuing losses and cash burn, the likely path to fund development is equity raises, which can materially dilute existing holders and pressure long-term per-share value if operational progress is insufficient.

Defense Metals News

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...

3d 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...

1M 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...

2M 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...

3M 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,...

3M ago

Defense Metals Completes Private Placement to Advance Wicheeda Project

Defense Metals ( ($TSE:DEFN) ) has issued an update. Defense Metals Corp. has successfully closed the second tranche...

3M ago

Defense Metals Secures C$16.2 Million to Advance Wicheeda Project

Defense Metals ( ($TSE:DEFN) ) has provided an announcement. Defense Metals Corp. has successfully closed a private placement,...

4M ago

Defense Metals Updates Private Placement Financing to Support Strategic Initiatives

Defense Metals ( ($TSE:DEFN) ) just unveiled an announcement. Defense Metals Corp. has announced updates to its private...

4M ago

Defense Metals Strengthens Leadership with New SVP Appointment and Stock Options

The latest announcement is out from Defense Metals ( ($TSE:DEFN) ). Defense Metals Corp. has appointed Ali Mahdavi...

4M ago

Defense Metals Advances Wicheeda Project with Strategic Developments

Defense Metals ( ($TSE:DEFN) ) has provided an update. Defense Metals Corp. has announced significant progress in its...

5M ago

Defense Metals Settles Debt with HCF International Through Equity

Defense Metals ( ($TSE:DEFN) ) has shared an announcement. Defense Metals Corp. has entered into a shares-for-debt settlement...

5M 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...

1y ago

DEFN FAQ

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

Defense Metals Corp. lowest stock price was C$0.12 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$84.45M.

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

Defense Metals Corp.’s upcoming earnings report date is Mar 03, 2026 which is in 11 days.

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

Defense Metals Corp. released its earnings results on Dec 01, 2025. The company reported -C$0.003 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.003.

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 392,774,540 shares outstanding.

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

Defense Metals Corp. reported an EPS of -C$0.003 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 2.174%.

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

Defense Metals Stock Smart Score

Neutral

Fundamentals

Return on Equity

-11.39%

Trailing 12-Months

Asset Growth

12.30%

Trailing 12-Months

Top Smart Score Stocks >

Company Description

Defense Metals Corp.

Defense Metals Corp., engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It has an option to acquire 100% interest in the Wicheeda project consisting of six mining claims covering an area of 4,244 hectares located in British Columbia. The company was formerly known as First Legacy Mining Corp. and changed its name to Defense Metals Corp. in December 2018. Defense Metals Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.