Wallbridge Mining (TSE:WM) Reaches New 52-Week Low – What’s Next?

Shares of Wallbridge Mining Company Limited (TSE:WMGet Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 76341 shares traded. The stock had previously closed at C$0.07.

Wallbridge Mining Price Performance

The company has a market cap of C$66.30 million, a P/E ratio of -6.50 and a beta of 1.33. The firm’s 50 day moving average price is C$0.07 and its two-hundred day moving average price is C$0.07. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.05 and a current ratio of 5.74.

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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