Shares of Wallbridge Mining Company Limited (TSE:WM – Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.09 and traded as low as C$0.09. Wallbridge Mining shares last traded at C$0.09, with a volume of 3,248,281 shares trading hands.
Wallbridge Mining Price Performance
The stock has a market cap of C$155.62 million, a price-to-earnings ratio of -8.50 and a beta of 1.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.05 and a current ratio of 5.74. The company has a 50-day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.09.
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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