Wallbridge Mining (TSE:WM) Reaches New 12-Month Low – Time to Sell?

Shares of Wallbridge Mining Company Limited (TSE:WMGet Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07, with a volume of 592000 shares. The stock had previously closed at C$0.07.

Wallbridge Mining Stock Performance

The business’s 50-day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.07. The company has a current ratio of 5.74, a quick ratio of 4.05 and a debt-to-equity ratio of 0.01. The company has a market capitalization of C$66.30 million, a PE ratio of -6.50 and a beta of 1.33.

Wallbridge Mining (TSE:WMGet Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The mining company reported C($0.01) EPS for the quarter. On average, analysts predict that Wallbridge Mining Company Limited will post -0.01 earnings per share for the current year.

About Wallbridge Mining

(Get Free Report)

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.

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