Wallbridge Mining (TSE:WM) Reaches New 1-Year Low – What’s Next?

Wallbridge Mining Company Limited (TSE:WMGet Free Report)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07, with a volume of 592000 shares. The stock had previously closed at C$0.07.

Wallbridge Mining Price Performance

The company has a 50 day moving average price of C$0.06 and a 200-day moving average price of C$0.07. The company has a market cap of C$71.40 million, a price-to-earnings ratio of -7.00 and a beta of 1.33. The company has a quick ratio of 4.05, a current ratio of 5.74 and a debt-to-equity ratio of 0.01.

Wallbridge Mining (TSE:WMGet Free Report) last posted its earnings results on Wednesday, November 6th. The mining company reported C($0.01) earnings per share for the quarter. As a group, equities research analysts predict that Wallbridge Mining Company Limited will post -0.01 EPS for the current fiscal 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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