Shares of Wallbridge Mining Company Limited (TSE:WM - Get Free Report) rose 8.3% during mid-day trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 1,981,053 shares traded hands during mid-day trading, an increase of 184% from the average daily volume of 698,428 shares. The stock had previously closed at C$0.06.
Wallbridge Mining Price Performance
The company has a market capitalization of C$66.30 million, a price-to-earnings ratio of -6.50 and a beta of 1.33. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.05 and a current ratio of 5.74. The company has a fifty day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.06.
Insiders Place Their Bets
In other Wallbridge Mining news, Senior Officer Brian W. Penny purchased 500,000 shares of the firm's stock in a transaction that occurred on Monday, June 9th. The stock was purchased at an average cost of C$0.07 per share, with a total value of C$35,000.00. Company 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.
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