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Wallbridge Mining (TSE:WM) Shares Down 14.3% - Should You Sell?

Wallbridge Mining logo with Basic Materials background

Shares of Wallbridge Mining Company Limited (TSE:WM - Get Free Report) fell 14.3% during trading on Friday . The stock traded as low as C$0.06 and last traded at C$0.06. 138,297 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 234,542 shares. The stock had previously closed at C$0.07.

Wallbridge Mining Trading Down 14.3 %

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

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

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.

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