Wallbridge Mining Company Limited (TSE:WM - Get Free Report) shares shot up 8.3% during mid-day trading on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.07. 1,981,053 shares traded hands during mid-day trading, an increase of 184% from the average session volume of 698,428 shares. The stock had previously closed at C$0.06.
Wallbridge Mining Trading Up 8.3%
The business's 50-day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.06. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.74 and a quick ratio of 4.05. The stock has a market capitalization of C$66.30 million, a price-to-earnings ratio of -6.50 and a beta of 1.33.
Insider Activity at Wallbridge Mining
In related news, Senior Officer Brian W. Penny purchased 500,000 shares of the company's stock in a transaction that occurred on Monday, June 9th. The stock was acquired at an average price of C$0.07 per share, for a total transaction of C$35,000.00. Insiders own 17.07% of the company's stock.
About Wallbridge Mining
(
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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.
Further Reading
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