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Short Interest in Defense Metals Corp. (OTCMKTS:DFMTF) Declines By 99.9%

Defense World ·  Sep 14, 2022 02:42

Defense Metals Corp. (OTCMKTS:DFMTF – Get Rating) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 200 shares, a drop of 99.9% from the August 15th total of 356,000 shares. Based on an average daily volume of 51,000 shares, the short-interest ratio is presently 0.0 days.

Defense Metals Stock Performance

Shares of Defense Metals stock opened at $0.17 on Wednesday. Defense Metals has a twelve month low of $0.12 and a twelve month high of $0.28. The business's 50 day simple moving average is $0.15 and its 200-day simple moving average is $0.19.

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Defense Metals Company Profile

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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.

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