Wallbridge Mining (TSE:WM) Shares Up 18.2% – Still a Buy?

Shares of Wallbridge Mining Company Limited (TSE:WMGet Free Report) shot up 18.2% during trading on Thursday . The stock traded as high as C$0.07 and last traded at C$0.07. 2,712,886 shares changed hands during mid-day trading, an increase of 553% from the average session volume of 415,264 shares. The stock had previously closed at C$0.06.

Wallbridge Mining Trading Up 3.8 %

The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.05 and a current ratio of 5.74. The stock has a market capitalization of C$68.85 million, a P/E ratio of -6.75 and a beta of 1.33. The firm’s fifty day simple moving average is C$0.07 and its 200 day simple moving average is C$0.07.

About Wallbridge Mining

(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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