Wallbridge Mining (TSE:WM) Sets New 12-Month Low – What’s Next?

Wallbridge Mining Company Limited (TSE:WM) reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 2134086 shares. The stock had previously closed at C$0.06.

Wallbridge Mining Price Performance

The business has a fifty day moving average of C$0.07 and a 200-day moving average of C$0.08. 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) last posted its quarterly earnings results on Wednesday, November 6th. The mining company reported C($0.01) earnings per share (EPS) for the quarter. Equities research analysts anticipate that Wallbridge Mining Company Limited will post -0.01 earnings per share for the current year.

Insider Activity

In other news, Senior Officer Brian W. Penny purchased 500,000 shares of the stock in a transaction dated Wednesday, September 25th. The shares were acquired at an average cost of C$0.08 per share, for a total transaction of C$37,500.00. Insiders own 17.07% of the company’s stock.

About Wallbridge Mining

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.