Wallbridge Mining Company Limited (TSE:WM – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of C$0.10 and traded as low as C$0.09. Wallbridge Mining shares last traded at C$0.09, with a volume of 1,387,910 shares.
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 stock has a market cap of C$155.62 million, a price-to-earnings ratio of -8.50 and a beta of 1.91. The company’s 50-day simple moving average is C$0.10 and its 200-day simple moving average is C$0.09.
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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