Wallbridge Mining (TSE:WM) Sets New 1-Year Low – Should You Sell?

Wallbridge Mining Company Limited (TSE:WM)’s share price 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 108000 shares changing hands. The stock had previously closed at C$0.06.

Wallbridge Mining Stock Performance

The firm has a fifty day simple moving average of C$0.07 and a 200 day simple moving average of C$0.07. 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 company has a market cap of C$61.20 million, a price-to-earnings ratio of -6.00 and a beta of 1.33.

Wallbridge Mining Company Profile

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.