Shares of Wallbridge Mining Company Limited (TSE:WM – Get Free Report) 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 trading hands.
Wallbridge Mining Trading Down 5.6%
The business has a fifty day moving average of C$0.10 and a 200-day moving average of C$0.09. The stock has a market capitalization of C$155.62 million, a price-to-earnings ratio of -8.50 and a beta of 1.91. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.74 and a quick ratio of 4.05.
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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