Wallbridge Mining (TSE:WM) Trading Down 5.3% – Time to Sell?

Wallbridge Mining Company Limited (TSE:WMGet Free Report)’s stock price dropped 5.3% on Tuesday . The stock traded as low as C$0.09 and last traded at C$0.09. Approximately 225,773 shares changed hands during trading, a decline of 84% from the average daily volume of 1,414,952 shares. The stock had previously closed at C$0.10.

Wallbridge Mining Price 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 company has a market capitalization of C$109.81 million, a PE ratio of -9.00 and a beta of 1.66. The firm’s 50 day simple moving average is C$0.10 and its 200 day simple moving average is C$0.10.

About Wallbridge Mining

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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.

Further Reading

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