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Defense Metals shares surged 22.6% on volume 526% above average, with no explanation given.
Defense Metals (CVE:DEFN) shares jumped 22.6% on Saturday, closing at C$0.38 after reaching a high of C$0.40, driven by a 526% surge in trading volume to 2.26 million shares.
The company, which owns the Wicheeda rare earths project in British Columbia, has a market cap of C$127.59 million and a negative P/E ratio of -19.00.
No reason for the price increase was provided.
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Las acciones de Defense Metals subieron un 22,6% en volumen 526% por encima de la media, sin explicación dada.