Wallbridge Mining (TSE:WM) Stock Price Down 8.3% - Time to Sell?

Key Points

• Wallbridge Mining's stock price declined by 8.3%, trading at C$0.11, following a session volume drop of 11% compared to its average volume.
• The company's market capitalization stands at C$120.98 million, with a P/E ratio of -11.00 and a low debt-to-equity ratio of 0.01.
• Wallbridge Mining focuses on the acquisition and production of a variety of metals, including gold, copper, nickel, and platinum group metals, and has completed operations at its first polymetallic mine.

Shares of Wallbridge Mining Company Limited (TSE:WM - ) traded down 8.3% during mid-day trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. 848,135 shares changed hands during trading, a decline of 11% from the average session volume of 952,567 shares. The stock had previously closed at C$0.12.

Wallbridge Mining Stock Performance

The firm has a market cap of C$120.98 million, a P/E ratio of -11.00 and a beta of 1.79. The company has a current ratio of 5.74, a quick ratio of 4.05 and a debt-to-equity ratio of 0.01. The company's 50-day moving average is C$0.10 and its two-hundred day moving average is C$0.07.

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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