Wallbridge Mining (TSE:WM) Sets New 12-Month Low – What’s Next?

Wallbridge Mining Company Limited (TSE:WMGet Free Report)’s stock price hit 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 141633 shares traded. The stock had previously closed at C$0.06.

Wallbridge Mining Stock Performance

The stock’s 50 day moving average is C$0.07 and its two-hundred day 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 stock has a market cap of C$61.20 million, a price-to-earnings ratio of -6.00 and a beta of 1.33.

About Wallbridge Mining

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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.

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