Wallbridge Mining Company Limited (TSE:WM – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.09 and traded as high as C$0.11. Wallbridge Mining shares last traded at C$0.10, with a volume of 1,263,235 shares changing hands.
Wallbridge Mining Stock Performance
The firm’s 50 day simple moving average is C$0.09 and its 200-day simple moving average is C$0.09. 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 market capitalization of C$116.15 million, a price-to-earnings ratio of -9.50 and a beta of 1.75.
About Wallbridge Mining
Wallbridge is focused on creating value through the exploration and sustainable development of gold projects in Quebec’s Abitibi region while respecting the environment and communities where it operates. The Company holds a contiguous mineral property position totaling 598 square kilometres that extends approximately 82 kilometres along the Detour-Fenelon gold trend. The land position is host to the Company’s flagship PEA stage Fenelon Gold Project, and its earlier exploration stage Martiniere Gold Project, as well as numerous greenfield gold projects.
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