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Wallbridge Mining (TSE:WM) Sets New 1-Year Low - Should You Sell?

Wallbridge Mining logo with Basic Materials background

Wallbridge Mining Company Limited (TSE:WM - Get 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 314201 shares traded. The stock had previously closed at C$0.06.

Wallbridge Mining Stock Performance

The company has a current ratio of 5.74, a quick ratio of 4.05 and a debt-to-equity ratio of 0.01. The firm's fifty day moving average price is C$0.07 and its 200-day moving average price is C$0.07. The company has a market cap of C$56.10 million, a P/E ratio of -5.50 and a beta of 1.33.

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

Insider Activity

In other news, Senior Officer Brian W. Penny bought 500,000 shares of the company's stock in a transaction that occurred on Wednesday, September 25th. The stock was acquired at an average price of C$0.08 per share, for a total transaction of C$37,500.00. Corporate insiders own 17.07% of the company's stock.

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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