Wallbridge Mining (TSE:WM) Shares Down 4.1%

Wallbridge Mining Company Ltd (TSE:WM)’s share price was down 4.1% during trading on Wednesday . The company traded as low as C$0.68 and last traded at C$0.70, approximately 365,178 shares traded hands during trading. A decline of 71% from the average daily volume of 1,240,353 shares. The stock had previously closed at C$0.73.

The business has a 50 day moving average of C$0.56 and a 200 day moving average of C$0.42. The company has a market cap of $316.88 million and a PE ratio of -38.89. The company has a debt-to-equity ratio of 1.95, a current ratio of 2.53 and a quick ratio of 2.53.

In other Wallbridge Mining news, Director William Warren Holmes sold 300,000 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of C$0.63, for a total value of C$189,000.00. Following the completion of the transaction, the director now directly owns 3,009,000 shares in the company, valued at approximately C$1,895,670.

About Wallbridge Mining (TSE:WM)

Wallbridge Mining Company Limited engages in the acquisition, discovery, development, and production of metals. It holds 100% interest in the Fenelon gold property that consists of 1 block of 19 mining claims and 1 mining lease covering an area of 1,052 hectares located in the province of Quebec, Canada.

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