Wallbridge Mining (TSE:WM) Stock Crosses Below 50 Day Moving Average – Should You Sell?

Wallbridge Mining Company Limited (TSE:WM) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.10 and traded as low as C$0.10. Wallbridge Mining shares last traded at C$0.10, with a volume of 1,278,430 shares changing hands.

Wallbridge Mining Price 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 firm’s 50-day moving average is C$0.10 and its 200-day moving average is C$0.09. The company has a market capitalization of C$122.01 million, a PE ratio of -10.00 and a beta of 1.83.

Wallbridge Mining Company Profile

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.