Wallbridge Mining (TSE:WM) Reaches New 52-Week Low – Time to Sell?

Shares of Wallbridge Mining Company Limited (TSE:WMGet Free Report) hit a new 52-week low on Monday . The company traded as low as C$0.06 and last traded at C$0.07, with a volume of 11010 shares trading hands. The stock had previously closed at C$0.06.

Wallbridge Mining Stock Performance

The company has a market cap of C$66.30 million, a price-to-earnings ratio of -6.50 and a beta of 1.33. The firm’s 50 day simple moving average is C$0.06 and its 200-day simple moving average 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 (TSE:WMGet Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The mining company reported C($0.01) earnings per share for the quarter. On average, sell-side analysts predict that Wallbridge Mining Company Limited will post -0.01 EPS for the current year.

Wallbridge Mining Company Profile

(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.

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