Shares of Wallbridge Mining Company Limited (TSE:WM – Get Free Report) were up 15.4% during trading on Tuesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 269,759 shares traded hands during trading, a decline of 55% from the average daily volume of 593,735 shares. The stock had previously closed at C$0.07.
Wallbridge Mining Price Performance
The stock has a market capitalization of C$76.50 million, a PE ratio of -6.50 and a beta of 1.36. The firm’s 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.09. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.74 and a quick ratio of 4.05.
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 on Wednesday, September 25th. The shares were purchased at an average cost of C$0.08 per share, with a total value of C$37,500.00. Insiders own 17.01% of the company’s stock.
Wallbridge Mining Company Profile
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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