Wallbridge Mining (TSE:WM) Stock Price Down 3.7% – Here’s What Happened

Shares of Wallbridge Mining Company Limited (TSE:WMGet Free Report) dropped 3.7% on Monday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 208,479 shares traded hands during trading, a decline of 54% from the average daily volume of 449,064 shares. The stock had previously closed at C$0.07.

Wallbridge Mining Stock Performance

The firm’s 50-day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.07. 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 has a market cap of C$66.30 million, a PE ratio of -6.50 and a beta of 1.33.

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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