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

Wallbridge Mining Company Limited (TSE:WM)’s share price reached 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 changing hands. The stock had previously closed at C$0.07.

Wallbridge Mining Stock Performance

The company has a market cap of C$61.20 million, a P/E ratio of -6.00 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. The business has a fifty day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.07.

Wallbridge Mining (TSE:WM) last announced its earnings results on Wednesday, November 6th. The mining company reported C($0.01) EPS for the quarter. On average, sell-side analysts anticipate that Wallbridge Mining Company Limited will post -0.01 EPS 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.