Wallbridge Mining (TSE:WM) Hits New 12-Month Low – Here’s Why

Wallbridge Mining Company Limited (TSE:WMGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 76341 shares. The stock had previously closed at C$0.07.

Wallbridge Mining Stock Performance

The stock has a 50 day moving average of C$0.07 and a 200 day moving average of C$0.07. The company has a market capitalization of C$61.20 million, a price-to-earnings ratio of -6.00 and a beta of 1.33. The company has a quick ratio of 4.05, a current ratio of 5.74 and a debt-to-equity ratio of 0.01.

Wallbridge Mining Company Profile

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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.

Further Reading

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