Wallbridge Mining Company Limited (TSE:WM – Get Free Report) fell 7% on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10. 1,842,380 shares traded hands during mid-day trading, an increase of 47% from the average session volume of 1,252,039 shares. The stock had previously closed at C$0.11.
Wallbridge Mining Trading Down 2.3%
The company’s fifty day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.09. 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$128.37 million, a price-to-earnings ratio of -10.50 and a beta of 1.88.
Wallbridge Mining Company Profile
Wallbridge is focused on creating value through the exploration and sustainable development of gold projects in Quebec’s Abitibi region while respecting the environment and communities where it operates. The Company holds a contiguous mineral property position totaling 598 square kilometres that extends approximately 82 kilometres along the Detour-Fenelon gold trend. The land position is host to the Company’s flagship PEA stage Fenelon Gold Project, and its earlier exploration stage Martiniere Gold Project, as well as numerous greenfield gold projects.
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