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$86.41M
Enterprise ValueC$69.90M
Total Cash (Recent Filing)C$16.53M
Total Debt (Recent Filing)C$23.12K
Price to Earnings (P/E)―
Beta0.05
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)-0.04
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Balance SheetVery low reported debt (TTM ~23K) and near-zero debt-to-equity materially reduce short-term solvency and interest burden risk for a pre-revenue developer. This structural strength lengthens the company’s runway and preserves strategic optionality to advance Wicheeda before heavy financing is required.
Improved Equity CapitalizationA meaningful rise in equity (~62.3M TTM) provides durable financing capacity to fund exploration, metallurgical testing and engineering studies without immediate reliance on debt. Strong equity buffers reduce near-term dilution pressure and support multi-stage project advancement over the coming months.
Defined Rare-earth Development AssetOwning a clearly defined development-stage REE asset (Wicheeda) and executing metallurgical and engineering studies represents technical progression and de-risking. Sustained study work builds the engineering basis for permitting, resource conversion and future offtake or JV discussions that matter across a 2–6 month development horizon.
Bears Say
Pre-revenue With Widening LossesPersistent pre-revenue status and materially widening net losses indicate the business is consuming capital without operating income. Over a multi-month timeframe this raises execution risk: continued losses will require fresh capital or cost reduction, and failure to convert studies into value amplifies funding and operational uncertainty.
Negative Operating And Free Cash FlowOngoing negative operating and free cash flows mean the company depends on external financing to sustain exploration and development. Cash-flow volatility and recent sharp deterioration increase the likelihood of dilutive raises or curtailed programs, which can delay project milestones over the medium term.
Negative ROE; Asset Quality UnvalidatedA negative ROE (~-10.5%) signals the company’s deployed capital has not generated returns and underscores execution risk. The inability to further validate asset quality increases uncertainty for potential partners or financiers, complicating long-term funding, monetization, or JV prospects across upcoming quarters.
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$86.41M.
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 110 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
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
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