Wallbridge Mining Company Limited (TSE:WM – Get Free Report) dropped 6.7% on Wednesday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 204,000 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 591,799 shares. The stock had previously closed at C$0.08.
Wallbridge Mining Stock Performance
The firm has a market capitalization of C$76.50 million, a PE ratio of -7.00 and a beta of 1.36. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.74 and a quick ratio of 4.05. The company has a fifty day moving average of C$0.07 and a 200-day moving average of C$0.09.
Insiders Place Their Bets
In other Wallbridge Mining news, Senior Officer Brian W. Penny acquired 500,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 25th. The shares were purchased at an average price 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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