Wallbridge Mining (TSE:WM) Stock Price Up 11.1% – Still a Buy?

Wallbridge Mining Company Limited (TSE:WMGet Free Report) shares rose 11.1% on Monday . The stock traded as high as C$0.10 and last traded at C$0.10. 168,031 shares changed hands during trading, a decline of 86% from the average daily volume of 1,216,698 shares. The stock had previously closed at C$0.09.

Wallbridge Mining Price Performance

The company has a quick ratio of 4.05, a current ratio of 5.74 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of C$164.78 million, a price-to-earnings ratio of -9.00 and a beta of 1.75. The business’s 50 day simple moving average is C$0.09 and its 200-day simple moving average is C$0.09.

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.

Read More

Receive News & Ratings for Wallbridge Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wallbridge Mining and related companies with MarketBeat.com's FREE daily email newsletter.