Wallbridge Mining (TSE:WM) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Shares of Wallbridge Mining Company Limited (TSE:WMGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.09 and traded as high as C$0.09. Wallbridge Mining shares last traded at C$0.09, with a volume of 658,588 shares changing hands.

Wallbridge Mining Price Performance

The firm has a market cap of C$164.78 million, a PE ratio of -9.00 and a beta of 1.85. The stock’s fifty day moving average price is C$0.09 and its 200-day moving average price is C$0.09. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.05 and a current ratio of 5.74.

Wallbridge Mining Company Profile

(Get Free Report)

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.

Further Reading

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