Wallbridge Mining (TSE:WM) Trading Down 10.5% – What’s Next?

by · The Markets Daily

Wallbridge Mining Company Limited (TSE:WM – Get Free Report)’s share price was down 10.5% during trading on Tuesday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 347,104 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 1,064,218 shares. The stock had previously closed at C$0.10.

Wallbridge Mining Stock Performance

The company has a quick ratio of 4.05, a current ratio of 5.74 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of C$103.71 million, a P/E ratio of -8.50 and a beta of 1.79. The company has a 50-day moving average price of C$0.09 and a two-hundred day moving average price of C$0.08.

About Wallbridge Mining

(Get Free Report)

Wallbridge Mining Co Ltd is engaged in the acquisition, discovery, development, and production of metals focusing on gold, copper, nickel and platinum group metals. The company owns Sudbury Projects, Quebec Projects and Equity Investments. Wallbridge completed operations at its first polymetallic mine, producing copper, platinum, palladium, and gold from the Broken Hammer.

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