Wallbridge Mining (TSE:WM) Sets New 12-Month Low – Should You Sell?

Wallbridge Mining Company Limited (TSE:WMGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 3397287 shares traded. The stock had previously closed at C$0.06.

Wallbridge Mining Price Performance

The company has a quick ratio of 4.05, a current ratio of 5.74 and a debt-to-equity ratio of 0.01. The company’s fifty day moving average price is C$0.06 and its 200 day moving average price is C$0.07. The company has a market capitalization of C$53.55 million, a P/E ratio of -5.25 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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