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

Wallbridge Mining Company Limited (TSE:WMGet Free Report)’s stock price hit a new 52-week low on Wednesday . The company traded as low as C$0.06 and last traded at C$0.07, with a volume of 969044 shares. The stock had previously closed at C$0.07.

Wallbridge Mining Price Performance

The company has a market cap of C$63.75 million, a price-to-earnings ratio of -6.25 and a beta of 1.33. The business has a 50-day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.07. The company has a quick ratio of 4.05, a current ratio of 5.74 and a debt-to-equity ratio of 0.01.

Wallbridge Mining Company Profile

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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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