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Wallbridge Mining (TSE:WM) Reaches New 12-Month Low - Here's What Happened

Wallbridge Mining logo with Basic Materials background

Wallbridge Mining Company Limited (TSE:WM - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.06, with a volume of 46000 shares traded. The stock had previously closed at C$0.06.

Wallbridge Mining Trading Up 14.3%

The firm has a market cap of C$61.20 million, a price-to-earnings ratio of -6.00 and a beta of 1.33. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.05 and a current ratio of 5.74. The company's 50-day moving average is C$0.05 and its 200-day moving average is C$0.06.

About Wallbridge Mining

(Get Free Report)

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.

Further Reading

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