Free Trial

Wallbridge Mining (TSE:WM) Share Price Crosses Above 50-Day Moving Average - Here's What Happened

Wallbridge Mining logo with Basic Materials background

Shares of Wallbridge Mining Company Limited (TSE:WM - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.07 and traded as high as C$0.08. Wallbridge Mining shares last traded at C$0.07, with a volume of 334,887 shares.

Wallbridge Mining Price Performance

The stock's fifty day simple moving average is C$0.07 and its 200 day simple moving average is C$0.08. The firm has a market capitalization of C$71.40 million, a P/E ratio of -7.00 and a beta of 1.33. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.74 and a quick ratio of 4.05.

Insider Buying and Selling

In related news, Senior Officer Brian W. Penny bought 500,000 shares of the firm's stock in a transaction on Wednesday, September 25th. The stock was bought at an average price of C$0.08 per share, with a total value of C$37,500.00. 17.07% of the stock is currently owned by company insiders.

Wallbridge Mining Company Profile

(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.

Read More

Should you invest $1,000 in Wallbridge Mining right now?

Before you consider Wallbridge Mining, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wallbridge Mining wasn't on the list.

While Wallbridge Mining currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

These Top Stocks in 2024 Will Continue to be Big Winners in 2025
’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines