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

Wallbridge Mining logo with Basic Materials background

Wallbridge Mining Company Limited (TSE:WM - Get Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 224325 shares trading hands. The stock had previously closed at C$0.07.

Wallbridge Mining Stock Down 7.7 %

The business has a 50 day simple moving average of C$0.06 and a 200 day simple moving average of C$0.07. The stock has a market cap of C$61.20 million, a PE ratio of -6.00 and a beta of 1.33. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.74 and a quick ratio of 4.05.

Wallbridge Mining (TSE:WM - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The mining company reported C($0.01) earnings per share for the quarter. On average, equities research analysts forecast that Wallbridge Mining Company Limited will post -0.01 EPS for the current fiscal year.

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.

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