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Wallbridge Mining (TSE:WM) Shares Pass Above 50-Day Moving Average - Time to Sell?

Wallbridge Mining logo with Basic Materials background

Wallbridge Mining Company Limited (TSE:WM - Get Free Report)'s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.06 and traded as high as C$0.07. Wallbridge Mining shares last traded at C$0.07, with a volume of 839,500 shares changing hands.

Wallbridge Mining Price Performance

The business has a fifty day moving average of C$0.06 and a two-hundred day moving average of C$0.07. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.05 and a current ratio of 5.74. The firm has a market capitalization of C$66.30 million, a price-to-earnings ratio of -6.50 and a beta of 1.33.

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

About Wallbridge Mining

(Get Free Report)

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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