Shares of Wallbridge Mining Company Limited (TSE:WM – Get Free Report) shot up 11.1% on Monday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 168,031 shares were traded during trading, a decline of 86% from the average session volume of 1,216,698 shares. The stock had previously closed at C$0.09.
Wallbridge Mining Trading Up 5.6%
The company’s fifty day moving average is C$0.09 and its two-hundred day moving average is C$0.09. The company has a quick ratio of 4.05, a current ratio of 5.74 and a debt-to-equity ratio of 0.01. The stock has a market cap of C$173.93 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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