Wallbridge Mining (TSE:WM) Shares Down 11.1% - Should You Sell?

Key Points

• Shares fell 11.1% intraday to C$0.08, with 132,304 shares traded (an 89% decline from the average session volume) after a prior close of C$0.09.
• The company has a market capitalization of C$97.81 million, a negative trailing PE of -8.00, a beta of 1.88, and 50-/200-day moving averages of C$0.09 and C$0.10 respectively.
• Wallbridge is a miner focused on gold, copper, nickel and platinum group metals, owning Sudbury and Quebec projects and having produced metal from the Broken Hammer polymetallic mine.

Wallbridge Mining Company Limited (TSE:WM - )'s stock price fell 11.1% during mid-day trading on Tuesday . The company traded as low as C$0.08 and last traded at C$0.08. 132,304 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 1,225,831 shares. The stock had previously closed at C$0.09.

Wallbridge Mining Price Performance

The stock has a fifty day moving average price of C$0.09 and a 200-day moving average price of C$0.10. The firm has a market capitalization of C$97.81 million, a PE ratio of -8.00 and a beta of 1.88. 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

Wallbridge Mining Co Ltd is engaged in the acquisition, discovery, development, and production of metals focusing on gold, copper, nickel and platinum group metals. The company owns Sudbury Projects, Quebec Projects and Equity Investments. Wallbridge completed operations at its first polymetallic mine, producing copper, platinum, palladium, and gold from the Broken Hammer.

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