Wallbridge Mining (TSE:WM) Trading Down 14.3% – Here’s Why

Wallbridge Mining Company Limited (TSE:WM)’s stock price was down 14.3% during trading on Friday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 138,297 shares were traded during trading, a decline of 41% from the average daily volume of 234,542 shares. The stock had previously closed at C$0.07.

Wallbridge Mining Stock Down 14.3 %

The company has a market cap of C$61.20 million, a P/E ratio of -6.00 and a beta of 1.33. The company’s 50-day moving average is C$0.06 and its two-hundred day moving average is C$0.07. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.74 and a quick ratio of 4.05.

Wallbridge Mining (TSE:WM) last posted its earnings results on Wednesday, November 6th. The mining company reported C($0.01) EPS for the quarter. As a group, equities analysts predict that Wallbridge Mining Company Limited will post -0.01 earnings per share for the current fiscal year.

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.