Wallbridge Mining (TSE:WM) Trading 15.4% Higher

Wallbridge Mining Company Limited (TSE:WM) shares rose 15.4% during mid-day trading on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 269,759 shares were traded during trading, a decline of 55% from the average daily volume of 593,735 shares. The stock had previously closed at C$0.07.

Wallbridge Mining Trading Up 15.4 %

The company has a debt-to-equity ratio of 0.01, a current ratio of 5.74 and a quick ratio of 4.05. The company has a market capitalization of C$76.50 million, a P/E ratio of -6.50 and a beta of 1.36. The firm has a fifty day moving average price of C$0.07 and a 200-day moving average price of C$0.09.

Insider Activity at Wallbridge Mining

In related news, Senior Officer Brian W. Penny purchased 500,000 shares of Wallbridge Mining stock in a transaction that occurred on Wednesday, September 25th. The stock was bought at an average price of C$0.08 per share, for a total transaction of C$37,500.00. 17.01% of the stock is owned by company insiders.

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.