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Wallbridge Mining (TSE:WM) Shares Down 18.2% - Here's Why

Wallbridge Mining logo with Basic Materials background

Wallbridge Mining Company Limited (TSE:WM - Get Free Report) shares were down 18.2% during trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 346,140 shares changed hands 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 stock's 50 day moving average is C$0.06 and its two-hundred day moving average is C$0.06. 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 company 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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