Wallbridge Mining Company Limited (OTCMKTS:WLBMF) Sees 79.1% Drop in Short Interest

Wallbridge Mining Company Limited (OTCMKTS:WLBMF) experienced a notable decrease in short interest throughout February. As of February 15th, the total short interest amounted to 43,400 shares, reflecting a significant decline of 79.1% from the total of 207,900 shares reported on January 31st. Given that the company's average daily trading volume is around 280,100 shares, the current days-to-cover ratio sits at a low 0.2 days.

Performance of Wallbridge Mining Stock

On Friday, shares of Wallbridge Mining opened at a price of $0.04. The stock has shown a fifty-two week low of $0.03 and a high of $0.09 during the same period. Its 50-day moving average is currently at $0.05, which matches its 200-day moving average price of $0.05, indicating stability in its trading performance.

Overview of Wallbridge Mining Company

Wallbridge Mining Company Limited focuses on acquiring, exploring, discovering, developing, and producing gold properties. In addition to gold, the company also explores for copper, nickel, and various platinum group metals. Their flagship asset is the Fenelon gold property located in Northern Abitibi, Quebec, Canada.

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