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Defense Metals Corp. (TSE:DEFN)
:DEFN
DEFN Stock Chart & Stats
C$0.29
<C$0.01(2.78%)
At close: 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$94.27M
Enterprise ValueC$77.63M
Total Cash (Recent Filing)C$16.53M
Total Debt (Recent Filing)C$23.12K
Price to Earnings (P/E)―
Beta0.02
Next Earnings
Jul 24, 2026EPS 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
Very Low LeverageMinimal reported debt (≈23K) gives the company durable financial flexibility for a pre-revenue developer. Low leverage reduces refinancing risk and interest burden, enabling management to direct capital toward project development rather than debt service while pursuing permits and resource definition.
Improved CapitalizationA material rise in equity capital provides a longer runway for exploration and development activities at Wicheeda without immediate revenue. Strong capitalization supports ongoing drilling, studies and regulatory work and reduces near-term dilution or emergency financing needs for months ahead.
Strategic REE Development AssetOwning and advancing the Wicheeda REE project places the company in a structurally important segment given secular demand for rare earths in clean-energy and defense supply chains. Project ownership and development progress are durable value drivers even before revenue generation.
Bears Say
Pre-Revenue With Widening LossesPersistent pre-revenue status and materially widening annual losses indicate the company remains several development milestones from self-sustaining operations. Rising operating costs without revenue increases prolong the pathway to profitability and heighten future financing dependency.
Negative Cash GenerationConsistent negative operating and free cash flows show the business is consuming capital to advance the project. Until operating cash flow turns sustainably positive or sizable non-dilutive financing is secured, the company will likely require external capital, which can dilute shareholders or divert management focus.
Negative Returns And Asset Validation RiskMeaningfully negative ROE and noted limits on asset validation imply current capital is not generating economic returns and project asset quality remains uncertain. This raises execution risk: if resource or permitting outcomes disappoint, capital invested may not convert into long-term returns for investors.
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$0.12 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$94.27M.
When is Defense Metals Corp.’s upcoming earnings report date?
Defense Metals Corp.’s upcoming earnings report date is Jul 24, 2026 which is in 130 days.
How were Defense Metals Corp.’s earnings last quarter?
Defense Metals Corp. released its earnings results on Mar 02, 2026. The company reported -C$0.005 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.005.
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 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$0.005 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -5.763%.
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
1
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8
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
123.94%
12-Months-Change
Fundamentals
Return on Equity
-10.54%
Trailing 12-Months
Asset Growth
41.03%
Trailing 12-Months
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.
Technical Analysis
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Options Prices
Currently, No data available
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