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Wallbridge Mining (TSE:WM) Stock Price Passes 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) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.05 and traded as high as C$0.06. Wallbridge Mining shares last traded at C$0.06, with a volume of 243,001 shares traded.

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 firm's 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.06. The company has a market capitalization of C$71.40 million, a PE ratio of -7.00 and a beta of 1.33.

About Wallbridge Mining

(Get Free Report)

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.

Further Reading

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