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WLBMF - Wallbridge Mining: Digging Into The Valuation After The Drop
Wallbridge Mining Co Ltd
Wallbridge Mining (WLBMF) was one of the top 10 performing junior miners last year but has started off the year in the bottom ten performers of 150 names for 2020, down 15% year to date. This unsavory change of character has come after the stock completed a parabolic rise of 220% in three months to finish 2019, with incessant insider selling as the stock ran higher. While the 20% correction from the highs has done minimal damage to the monthly chart, the bears are now in control of intermediate-term momentum, with a new