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

Wallbridge Mining logo with Basic Materials background

Shares of Wallbridge Mining Company Limited (TSE:WM - Get Free Report) reached 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$0.06, with a volume of 808731 shares trading hands. The stock had previously closed at C$0.06.

Wallbridge Mining Stock Performance

The stock has a market capitalization of C$61.20 million, a P/E ratio of -6.00 and a beta of 1.33. The firm's 50 day moving average price is C$0.06 and its 200 day moving average price is C$0.06. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.74 and a quick ratio of 4.05.

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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