Shares of Wallbridge Mining Company Limited (TSE:WM – Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.08 and traded as high as C$0.11. Wallbridge Mining shares last traded at C$0.11, with a volume of 465,011 shares trading hands.
Wallbridge Mining Stock Up 5.0%
The business has a fifty day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.09. The company has a current ratio of 5.74, a quick ratio of 4.05 and a debt-to-equity ratio of 0.01. The company has a market cap of C$128.37 million, a PE ratio of -10.50 and a beta of 1.88.
About Wallbridge Mining
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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