Wallbridge Mining (TSE:WM) Shares Up 9.1% – Time to Buy?

Wallbridge Mining Company Limited (TSE:WM) shares traded up 9.1% during trading on Monday . The stock traded as high as C$0.06 and last traded at C$0.06. 448,543 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 590,482 shares. The stock had previously closed at C$0.06.

Wallbridge Mining Stock Performance

The stock has a market cap of C$66.30 million, a PE ratio of -6.50 and a beta of 1.33. The company has a fifty day moving average price of C$0.07 and a 200 day moving average price of C$0.07. The company has a quick ratio of 4.05, a current ratio of 5.74 and a debt-to-equity ratio of 0.01.

Wallbridge Mining (TSE:WM) last announced its quarterly earnings data on Wednesday, November 6th. The mining company reported C($0.01) earnings per share for the quarter. Analysts expect that Wallbridge Mining Company Limited will post -0.01 earnings per share for the current year.

Insider Activity at Wallbridge Mining

In other Wallbridge Mining news, Senior Officer Brian W. Penny bought 500,000 shares of the firm’s 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. 17.07% of the stock is currently 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.