Wallbridge Mining (TSE:WM) Stock Price Down 5% – Here’s Why

Wallbridge Mining Company Limited (TSE:WMGet Free Report) fell 5% on Friday . The stock traded as low as C$0.10 and last traded at C$0.10. 1,175,897 shares changed hands during mid-day trading, an increase of 112% from the average session volume of 554,404 shares. The stock had previously closed at C$0.10.

Wallbridge Mining Trading Down 5.0%

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 firm has a market capitalization of C$115.91 million, a price-to-earnings ratio of -9.50 and a beta of 1.83. The business has a 50-day moving average of C$0.09 and a two-hundred day moving average of C$0.09.

About Wallbridge Mining

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Wallbridge Mining Co Ltd is engaged in the acquisition, discovery, development, and production of metals focusing on gold, copper, nickel and platinum group metals. The company owns Sudbury Projects, Quebec Projects and Equity Investments. Wallbridge completed operations at its first polymetallic mine, producing copper, platinum, palladium, and gold from the Broken Hammer.

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