Wallbridge Mining (TSE:WM) Stock Price Down 14.3% – Should You Sell?

Wallbridge Mining Company Limited (TSE:WMGet Free Report)’s stock price was down 14.3% during mid-day trading on Friday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 138,297 shares traded hands during trading, a decline of 41% from the average daily volume of 234,542 shares. The stock had previously closed at C$0.07.

Wallbridge Mining Stock Performance

The business has a 50-day simple moving average of C$0.06 and a 200 day simple moving average of C$0.07. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.74 and a quick ratio of 4.05. The firm has a market cap of C$61.20 million, a PE ratio of -6.00 and a beta of 1.33.

Wallbridge Mining (TSE:WMGet Free Report) last released its earnings results on Wednesday, November 6th. The mining company reported C($0.01) earnings per share (EPS) for the quarter. Equities research analysts forecast that Wallbridge Mining Company Limited will post -0.01 EPS for the current year.

About Wallbridge Mining

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Wallbridge Mining Company Limited engages in the acquisition, exploration, discovery, development, and production of gold properties. The company also explores for copper, nickel, and platinum group metals. Its flagship property is the Fenelon gold property located in Northern Abitibi, Quebec, Canada.

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