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Company price
0.1 CAD -0.01 ( 4.76%)
Last update at 2026-11-04T19:24:00Z
VOLUME
68684
Market Cap
90.34M

Momentum Score

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Defense Metals Corp. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It holds 100% interest in the Wicheeda Project consisting of 6 claims covering an area of 11,800 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. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.

Source: TradingView
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Day Price Range
0.10
Low
0.10
High
52 Week Price Range
0.13
Low
0.43
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Defense Metals Corp is a Canadian explorer focused on advancing the Wicheeda rare-earth project in British Columbia. Long-term growth drivers include rising demand for rare earths in electric vehicles, clean-energy technologies and permanent magnets, and investors may find it attractive for exposure to critical minerals and potential value creation from resource advancement, metallurgy and permitting progress.
Key investment risks include development and resource uncertainty, need for substantial financing, permitting and environmental delays, metallurgical/process risk, and sensitivity to rare-earth prices and policy changes.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.10
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-10.04%
Net Debt
2.75M
ROCE
-11.18%
Diluted EPS TTM
-0.02

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Income before tax -5.77M -2.76M -2.71M -3.78M -2.64M
Net income -5.77M -2.76M -2.71M -3.78M -2.64M
Selling general administrative 4.00M 3.12M 4.04M 4.01M 2.69M
Gross profit -0.06M 0.00M - - -
Reconciled depreciation 0.06M 0.00M - - -
Ebit - - -3.90M -3.88M -2.60M
Ebitda - - -4.04M -4.01M -2.69M
Operating income -4.17M -3.25M -4.04M -4.01M -2.69M
Interest expense 0.61M 0.00M - 0.00M 0.00M
Interest income 0.00M 0.12M - - -
Net interest income -0.64M 0.12M - - -
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 4.17M 3.25M 4.04M 4.01M 2.69M
Cost of revenue 0.06M 0.00M - - -
Total other income expense net -0.96M 0.37M 1.32M 0.23M 0.04M
Net income from continuing ops -5.77M -2.76M -2.71M -3.78M -2.64M
Net income applicable to common shares - - -2.71M -3.78M -2.64M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Total assets 45.68M 42.65M 32.74M 25.26M 4.14M
Total liab 8.39M 0.81M 0.66M 0.67M 0.33M
Total stockholder equity 37.30M 41.84M 32.09M 24.59M 3.81M
Other current liab 1.79M - 0.39M 0.44M 0.26M
Common stock - - 39.96M 30.27M 8.51M
Capital stock 51.90M 51.63M 39.96M 30.27M 8.51M
Retained earnings -21.16M -15.40M -12.64M -9.93M -6.15M
Other assets - - 0.42M 0.15M -
Cash 0.70M 0.92M 1.76M 0.72M 0.85M
Total current liabilities 8.38M 0.81M 0.66M 0.67M 0.33M
Net debt 2.75M - - - -
Short long term debt 3.45M - - - -
Other stockholder equity - - - 4.25M 1.45M
Property plant equipment - - 30.28M 24.14M 2.96M
Total current assets 0.88M 1.17M 2.05M 0.98M 1.18M
Net tangible assets - - 32.09M 24.59M 3.81M
Net receivables - - 0.19M 0.21M 0.30M
Accounts payable 2.27M 0.79M 0.26M 0.22M 0.07M
Non current assets total 44.80M 41.47M 30.70M 24.28M 2.96M
Capital lease obligations 0.07M 0.00M - - -
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Investments -1.52M -10.12M -6.90M -2.95M -1.53M
Change to liabilities - - 0.11M 0.10M 0.04M
Total cashflows from investing activities - - -6.90M -2.95M -1.53M
Net borrowings 3.82M 0.00M - - -
Total cash from financing activities 3.82M 11.88M 10.91M 5.18M 4.22M
Change to operating activities - - -0.03M 0.02M -0.01M
Net income -5.77M -2.76M -2.71M -3.78M -2.64M
Change in cash -0.22M -0.85M 1.04M -0.12M 0.68M
Begin period cash flow 0.92M 1.76M 0.72M 0.85M 0.17M
End period cash flow 0.70M 0.92M 1.76M 0.72M 0.85M
Total cash from operating activities -2.52M -2.60M -2.96M -2.36M -2.00M
Issuance of capital stock 0.00M 13.24M 11.53M 5.63M 2.72M
Depreciation 0.06M 0.00M - - -
Other cashflows from financing activities - - - -0.81M -0.19M
Change to netincome - - - 1.31M 0.61M
Capital expenditures 1.52M 10.12M 6.63M 2.95M 1.53M
Change in working capital 0.49M -0.10M 0.07M 0.12M 0.03M
Stock based compensation 0.96M 0.63M 1.00M 1.54M 0.65M
Other non cash items 0.78M -0.37M -1.32M -0.23M -0.04M
Free cash flow -4.04M -12.73M -9.60M -5.24M -3.53M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
DEFN
Defense Metals Corp
-0.01
4.76%
0.10 - - - 1.51 -16.01
SGML
Sigma Lithium Resources Corp
0.10
1.28%
7.91 - 23.09 29.72 42.12 32.66
AFM
Alphamin Res
0.03
2.00%
1.27 8.44 9.43 2.78 3.33 3.85
SLI
Standard Lithium Ltd
0.11
5.76%
2.02 - - 79.52 2.40 5.29
FWZ
Fireweed Zinc Ltd
0.03
1.25%
2.43 - 1250.00 - 26.07 -7.01

Profile*

Defense Metals Corp

Defense Metals Corp. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It holds 100% interest in the Wicheeda Project consisting of 6 claims covering an area of 11,800 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. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.

800 West Pender Street, Vancouver, BC, Canada, V6C 2V6

604 283 6110

Name Title Year Born
Mr. Craig Taylor CEO & Director 1972
Dr. Luisa de Fatima Furtado Moreno Pres & Director 1975
Mr. Ryan E. S. K. Cheung B.Com., CA, CPA CFO, Corp. Sec. & Director 1978
Mr. Richard Todd Hanas VP of Investor Relations NA
Mr. John Goode P.Eng. Head of Metallurgy & Member of Advisory Board NA
Dr. Luisa de Fatima Furtado Moreno President & Director 1975
Mr. Ryan E. S. K. Cheung B.Com., CA, CPA Controller 1978
Mr. Alexandre Nicolas Heath CFA Senior VP of Corporate Development & Interim CFO NA
Mr. Guy J. de Selliers de Moranville Executive Chair of the Board 1952
Mr. Mark Kevin Tory CEO, President & Director 1968

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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