Wallbridge Mining (TSE:WM) Sets New 52-Week Low – What’s Next?

Wallbridge Mining Company Limited (TSE:WM)’s share 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 231826 shares. The stock had previously closed at C$0.07.

Wallbridge Mining Price Performance

The company’s 50 day simple moving average is C$0.06 and its 200 day simple moving average is C$0.07. The stock has a market cap of C$71.40 million, a P/E ratio of -7.00 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 issued its quarterly earnings data on Wednesday, November 6th. The mining company reported C($0.01) EPS for the quarter. As a group, equities analysts forecast that Wallbridge Mining Company Limited will post -0.01 earnings per share for the current year.

Wallbridge Mining Company Profile

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.