Wallbridge Mining Balance Sheet Health

Financial Health criteria checks 4/6

Wallbridge Mining has a total shareholder equity of CA$296.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$331.2M and CA$35.2M respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$30.48m
Equity	CA$295.98m
Total liabilities	CA$35.19m
Total assets	CA$331.17m

Recent financial health 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

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

Financial Position Analysis

Short Term Liabilities: WM's short term assets (CA$42.1M) exceed its short term liabilities (CA$9.5M).

Long Term Liabilities: WM's short term assets (CA$42.1M) exceed its long term liabilities (CA$25.7M).

Debt to Equity History and Analysis

Debt Level: WM is debt free.

Reducing Debt: WM has no debt compared to 5 years ago when its debt to equity ratio was 29.4%.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: WM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: WM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.7% each year

Wallbridge Mining Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

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

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

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

Lead Independent Director has left the company

Wallbridge Mining Company Limited Provides Update of its Exploration and Development Activities at the Fenelon Gold Property

Wallbridge Mining Company Limited Announces That Its 2021 Definition and Expansion Drill Program on the Fenelon Gold Property

Wallbridge Mining Company Limited Intersects 17.79 g/t Au over 16.40 metres in Newly Discovered Eastern Extension of the Gabbro Zones

Wallbridge Continues to Report Wide Intersections from Definition Drilling At Fenelon

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

Wallbridge Mining Company Limited, Annual General Meeting, May 12, 2021

New 90-day low: CA$0.60

Wallbridge Reports on its Fenelon Expansion Drilli

New 90-day low: CA$0.72

Wallbridge Reports Strong Intersections from Its Fenelon Definition and Expansion Drilling

Wallbridge Mining Company Limited Infill Wedge Drilling Results Average 9.26 g Au/T over 31.34 Metres in Tabasco Shear Zone

Wallbridge Board Approves Fully Funded 2021 Program of 170,000 Metres of Drilling and 4,800 Metres of Underground Development At Fenelon

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