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

Wallbridge Mining logo with Basic Materials background

Wallbridge Mining Company Limited (TSE:WM - Get Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.06 and traded as high as C$0.06. Wallbridge Mining shares last traded at C$0.06, with a volume of 47,000 shares trading hands.

Wallbridge Mining Price Performance

The firm has a market cap of C$56.10 million, a P/E ratio of -5.50 and a beta of 1.33. The firm's 50-day moving average price is C$0.06 and its 200 day moving average price 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.

About Wallbridge Mining

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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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