Wallbridge Mining (TSE:WM) Sets New 52-Week Low – Time to Sell?

Wallbridge Mining Company Limited (TSE:WMGet Free Report) reached a new 52-week low on Monday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 137024 shares trading hands. The stock had previously closed at C$0.07.

Wallbridge Mining Stock Performance

The firm has a market cap of C$66.30 million, a P/E ratio of -6.50 and a beta of 1.33. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.74 and a quick ratio of 4.05. The stock’s 50 day moving average is C$0.06 and its two-hundred day moving average is C$0.07.

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

Wallbridge Mining Company Profile

(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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