Defense Metals announces share-based interest payment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 13 2025
0mins
Source: SeekingAlpha
Share Issuance Announcement: Defense Metals will issue 491,807 shares of common stock to holders of secured convertible notes as interest payment totaling C$100,821.92, maturing on October 11, 2025.
Pricing Details: The shares will be issued at a price of C$0.205 each, based on the greater of the volume-weighted average trading price over the last 20 days or the lowest price allowed by TSXV policies.
Analyst Views on CA
Wall Street analysts forecast CA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 25.020
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
