Wallbridge Mining (TSE:WM) Reaches New 1-Year Low – Here’s Why

Wallbridge Mining Company Limited (TSE:WMGet Free Report)’s share price hit a new 52-week low during trading 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 Price Performance

The business’s 50 day moving average is C$0.07 and its 200-day moving average is 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 PE 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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