Wallbridge Mining (TSE:WM) Shares Down 18.2% – Here’s What Happened

Wallbridge Mining Company Limited (TSE:WMGet Free Report) shares dropped 18.2% during mid-day trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 346,140 shares were traded during trading, a decline of 49% from the average daily volume of 683,262 shares. The stock had previously closed at C$0.06.

Wallbridge Mining Trading Down 9.1%

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 firm has a fifty day moving average of C$0.06 and a 200 day moving average of C$0.06. The firm has a market capitalization of C$51 million, a PE ratio of -5.00 and a beta of 1.33.

Wallbridge Mining Company Profile

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Wallbridge Mining Company Limited engages in the acquisition, exploration, discovery, development, and production of gold properties. The company also explores for copper, nickel, and platinum group metals. Its flagship property is the Fenelon gold property located in Northern Abitibi, Quebec, Canada.

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