Wallbridge Mining (TSE:WM) Trading Down 14.3% – Here’s What Happened

Wallbridge Mining Company Limited (TSE:WMGet Free Report)’s share price traded down 14.3% during trading on Friday . The stock traded as low as C$0.09 and last traded at C$0.09. 8,174,149 shares changed hands during trading, an increase of 748% from the average session volume of 964,077 shares. The stock had previously closed at C$0.11.

Wallbridge Mining Price Performance

The business’s 50-day simple moving average is C$0.10 and its 200 day simple moving average is C$0.08. The company has a market capitalization of C$93.48 million, a P/E ratio of -8.50 and a beta of 1.79. The company has a current ratio of 5.74, a quick ratio of 4.05 and a debt-to-equity ratio of 0.01.

About Wallbridge Mining

(Get Free Report)

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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