Wallbridge Mining (TSE:WM) Trading Up 11.8% – Here’s What Happened

by · The Cerbat Gem

Shares of Wallbridge Mining Company Limited (TSE:WM – Get Free Report) rose 11.8% on Thursday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 381,311 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 1,066,366 shares. The stock had previously closed at C$0.09.

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 firm has a market cap of C$109.81 million, a P/E ratio of -9.00 and a beta of 1.79. The business has a fifty day simple moving average of C$0.09 and a 200-day simple moving average 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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