Wallbridge Mining (WM) Shares Up 8%

Wallbridge Mining Company Ltd (TSE:WM) shares shot up 8% during mid-day trading on Wednesday . The company traded as high as C$0.27 and last traded at C$0.27. 501,000 shares traded hands during trading, a decline of 46% from the average session volume of 927,852 shares. The stock had previously closed at C$0.25.

The company has a quick ratio of 0.46, a current ratio of 0.56 and a debt-to-equity ratio of 27.24. The stock has a market capitalization of $94.75 million and a PE ratio of -33.00.

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Wallbridge Mining Company Profile (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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