Wallbridge Mining (TSE:WM) Trading 9.5% Higher – Still a Buy?

Wallbridge Mining Company Limited (TSE:WMGet Free Report) shares traded up 9.5% during mid-day trading on Friday . The stock traded as high as C$0.12 and last traded at C$0.12. 3,284,465 shares were traded during mid-day trading, an increase of 147% from the average session volume of 1,330,636 shares. The stock had previously closed at C$0.11.

Wallbridge Mining Price Performance

The company has a market cap of C$146.41 million, a price-to-earnings ratio of -12.00 and a beta of 1.83. The company’s 50 day moving average price is C$0.09 and its 200 day moving average price is C$0.09. The company has a current ratio of 5.74, a quick ratio of 4.05 and a debt-to-equity ratio of 0.01.

About Wallbridge Mining

(Get Free Report)

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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