Wallbridge Mining (TSX:WM) - Stock Price, News & Analysis

WM Stock Overview

Wallbridge Mining Company Limited engages in the acquisition, exploration, discovery, development, and production of gold properties.

About the company

WM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

Has less than 1 year of cash runway

Earnings have declined by 36.1% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Volatile share price over the past 3 months

+ 2 more risks

Wallbridge Mining Company Limited Competitors

Americas Gold and Silver

TSX:USA

CA$91.6m

Emerita Resources

TSXV:EMO

CA$96.5m

Goliath Resources

TSXV:GOT

CA$98.4m

CVW CleanTech

TSXV:CVW

CA$77.9m

Price History & Performance

Summary of all time highs, changes and price drops for Wallbridge Mining
Historical stock prices
Current Share Price	CA$0.11
52 Week High	CA$0.17
52 Week Low	CA$0.06
Beta	1.55
1 Month Change	57.14%
3 Month Change	29.41%
1 Year Change	-35.29%
3 Year Change	-82.54%
5 Year Change	-71.79%
Change since IPO	-92.99%

Recent updates

Here's Why We're A Bit Worried About Wallbridge Mining's (TSE:WM) Cash Burn Situation

May 15

Here's Why We're Watching Wallbridge Mining's (TSE:WM) Cash Burn Situation

Jan 27

What Type Of Shareholders Own The Most Number of Wallbridge Mining Company Limited (TSE:WM) Shares?

Mar 05

Have Wallbridge Mining Company Limited (TSE:WM) Insiders Been Selling Their Stock?

Jan 10

Shareholder Returns

	WM	CA Metals and Mining	CA Market
7D	10.0%	-1.8%	0.7%
1Y	-35.3%	-6.2%	5.5%

Price Volatility

Is WM's price volatile compared to industry and market?
WM volatility
WM Average Weekly Movement	14.7%
Metals and Mining Industry Average Movement	11.4%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	18.2%
10% least volatile stocks in CA Market	3.0%

Volatility Over Time: WM's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
1996	63	Brian Penny	wallbridgemining.com

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.

Wallbridge Mining Company Limited Fundamentals Summary

How do Wallbridge Mining's earnings and revenue compare to its market cap?
WM fundamental statistics
Market cap	CA$111.79m
Earnings (TTM)	-CA$10.43m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-10.7x

P/E Ratio

Is WM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WM income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$10.43m
Earnings	-CA$10.43m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.01
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did WM perform over the long term?

See historical performance and comparison

WM Stock Overview

Rewards

Risk Analysis

Wallbridge Mining Company Limited Competitors

TSX:USA

CA$91.6m

TSXV:EMO

CA$96.5m

TSXV:GOT

CA$98.4m

TSXV:CVW

CA$77.9m

Price History & Performance

Recent News & Updates

Price target increased by 25% to CA$0.48

New major risk - Financial position

Wallbridge Mining Company Limited Commences First Phase of Drilling At Martiniere

Wallbridge Mining Company Limited, Annual General Meeting, May 08, 2024

New minor risk - Share price stability

Wallbridge Demonstrates Potential to Expand Gold Resources and Commences 2024 Drill Program At Fenelon

Recent updates

Price target increased by 25% to CA$0.48

New major risk - Financial position

Wallbridge Mining Company Limited Commences First Phase of Drilling At Martiniere

Wallbridge Mining Company Limited, Annual General Meeting, May 08, 2024

New minor risk - Share price stability

Wallbridge Demonstrates Potential to Expand Gold Resources and Commences 2024 Drill Program At Fenelon

Wallbridge Mining Company Limited Announces the Appointment of Mary Montgomery as Chief Financial Officer

Wallbridge Mining Company Limited Reports Final Assay Results of the Inaugural 2023 Drill Program at its 100%-Owned Grasset Gold Property

Wallbridge Mining Company Limited 2024 Drilling Program to Focus on Upgrading Gold Resources At Martiniere and Fenelon as Well as Grassroots Exploration

Wallbridge Mining Company Limited Discovers New Area of Gold Mineralization 15 Kilometre East of Fenelon

Wallbridge Mining Company Limited announced that it has received CAD 10.3098 million in funding from Agnico Eagle Mines Limited

Wallbridge Mining Company Limited announced that it expects to receive CAD 10.3098 million in funding from Agnico Eagle Mines Limited

Wallbridge Mining Company Limited Announces Chief Executive Officer Changes

Wallbridge Mining Company Limited Expands the Mineralized Footprint of the Gold System at Martiniere Gold Project

Price target decreased by 15% to CA$0.67

Wallbridge Commences Phase-One Drill Testing of Grasset Gold Targets

Wallbridge Mining Company Limited Files NI 43-101 Technical Report Supporting Positive PEA for the Fenelon Gold Project in Quebec

Wallbridge Mining Company Limited Resumes On-Site Exploration and Drilling Activities Following Temporary Suspension Due to Quebec Forest Fire Risk

Wallbridge Mining Company Limited to Report Q2, 2023 Results on Jul 25, 2023

Wallbridge Mining Company Limited Extends Martiniere Gold Mineralization to the East

Wallbridge Mining Company Limited Expands Fenelon Gold Mineralization in Area 51 at Depth and South of Ripley

Wallbridge Mining Company Limited Temporarily Evacuates Fenelon Camp, Suspends Exploration Due to Quebec Forest Fire Risk

Wallbridge Mining Company Limited Identifies Two New Gold Zones At Fenelon

Price target decreased by 7.8% to CA$0.74

Wallbridge Mining Company Limited Updates on Resource Estimate Delivers Significant Increase in Grade At Detour-Fenelon Gold Trend Property

Wallbridge Mining Company Limited Reports That Ongoing Drilling at the 100%-Owned Fenelon Gold Project

Archer Exploration Corp. (CNSX:RCHR) completed the acquisition of All of the nickel assets, rights and obligations of Wallbridge located in Quebec and Ontario.

Price target increased to CA$1.00

Wallbridge Mining Company Limited announced that it expects to receive CAD 10 million in funding

Wallbridge Mining Company Limited Extends Tabasco-Style Gold Mineralization At Fenelon

Magna Mining Inc. (TSXV:NICU) completed the acquisition of Lonmin Canada Inc from Sibanye UK Limited and Wallbridge Mining Company Limited (TSX:WM) for $16 million.

Wallbridge Mining Company Limited Reports New Assay Results from the In-Fill Sampling Program At Its 100%-Owned Fenelon Gold Project

Wallbridge Mining Company Limited Drilling Identifies Further Growth Potential for Martiniere Gold Resources

Wallbridge Mining Company Limited Reports Assay Results from Resource Drilling At Its 100%-Owned Fenelon Gold Project

Wallbridge Mining Company Limited Updates Detour-Fenelon Gold Trend Resource Estimate and Commences Work on Preliminary Economic Assessment

Wallbridge Mining Company Limited Announces New Assay Results Expand Martiniere Gold Zones

Magna Mining Inc. (TSXV:NICU) entered into a definitive share purchase agreement to acquire 100% of Lonmin Canada Inc. from Sibanye UK Limited, Wallbridge Mining Company Limited (TSX:WM) and certain other minority shareholders of Loncan for $16 million.

Magna Mining Inc. (TSXV:NICU) entered into a definitive share purchase agreement to acquire 100% of Lonmin Canada Inc. from Sibanye UK Limited, Wallbridge Mining Company Limited (TSX:WM) and certain other minority shareholders of Loncan for $16 million.

Wallbridge Mining Company Limited Continues to Add Gold Mineralization Within Fenelon Mineral Resource Footprint Through Infill Sampling Program

Price target increased to CA$1.00

Archer Exploration Corp. (CNSX:RCHR) has entered into a definitive asset purchase agreement with Wallbridge Mining Company Limited to acquire All of the nickel assets, rights and obligations of Wallbridge located in Quebec and Ontario. for CAD 53.6 million.

Wallbridge Mining Company Limited In-Fill Sampling Program Successfully Adds New Gold Mineralization Within Fenelon Mineral Resource Footprint

Wallbridge Mining Company Limited Reports Positive Assay Results from the Ongoing Drill Program At the Company's Fenelon Gold Project At Its Detour-Fenelon Gold Trend Property in Northwestern Quebec

Here's Why We're A Bit Worried About Wallbridge Mining's (TSE:WM) Cash Burn Situation

Wallbridge Mining Company Limited Identifies Additional Gold Mineralization Within Fenelon Resource Footprint and Expands Area 51 Zone to the Southwest

Wallbridge Mining Announces Appointment of Anthony Makuch as Independent Chair of the Board of Directors

Wallbridge Mining Company Limited Reports New Round of Positive Drill Results from its Regional Exploration Program on Detour-Fenelon Gold Trend

Wallbridge Mining Company Limited announced that it has received CAD 14.17257 million in funding

Wallbridge Mining Company Limited announced that it expects to receive CAD 12 million in funding

Here's Why We're Watching Wallbridge Mining's (TSE:WM) Cash Burn Situation

Wallbridge Announces 2022 Exploration Program At Properties on Detour-Fenelon Gold Trend

Wallbridge Mining Company Limited Announces Fenelon Resource Drill Results

Chief Financial Officer recently bought CA$79k worth of stock

Wallbridge Mining Company Limited Provides Update on Fenelon Resource Drilling

Wallbridge Mining Company Limited Commences 20,000-Metre Regional Drill Program on its 910 Square Kilometre Detour-Fenelon Land Package Starting At the Martinière Gold Property

Midland and Wallbridge Planning an Important Drilling Program on Casault, West of Fenelon Gold

Wallbridge Mining Company Limited Continues Successful Expansion and Definition of High-Grade Shoots in Tabasco and Area 51 At Fenelon

Wallbridge Mining Company Limited Announces Assay Results from its Current Drilling Program on the Fenelon Gold Property

Independent Director has left the company