Wallbridge Mining (TSE:WM) Trading Up 9.1% – Should You Buy?

Shares of Wallbridge Mining Company Limited (TSE:WMGet Free Report) shot up 9.1% during mid-day trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. 163,000 shares traded hands during trading, a decline of 57% from the average session volume of 378,143 shares. The stock had previously closed at C$0.06.

Wallbridge Mining Price Performance

The stock’s fifty day moving average price is C$0.07 and its 200-day moving average price is 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$56.10 million, a price-to-earnings ratio of -5.50 and a beta of 1.33.

Wallbridge Mining Company Profile

(Get Free Report)

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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