Insider Buying: Wallbridge Mining Company Limited (TSE:WM) Senior Officer Acquires 500,000 Shares of Stock

Wallbridge Mining Company Limited (TSE:WM - Get Free Report) Senior Officer Brian W. Penny acquired 500,000 shares of Wallbridge Mining stock in a transaction that occurred on Monday, June 9th. The stock was acquired at an average cost of C$0.07 per share, with a total value of C$35,000.00.

Wallbridge Mining Stock Performance

WM stock traded down C$0.01 during mid-day trading on Tuesday, reaching C$0.07. 249,323 shares of the stock traded hands, compared to its average volume of 708,477. The business has a 50-day moving average of C$0.05 and a two-hundred day moving average of C$0.06. The firm has a market capitalization of C$66.30 million, a PE ratio of -6.50 and a beta of 1.33. The company has a quick ratio of 4.05, a current ratio of 5.74 and a debt-to-equity ratio of 0.01. Wallbridge Mining Company Limited has a 52 week low of C$0.05 and a 52 week high of C$0.09.

Wallbridge Mining Company Profile

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.