Wallbridge Mining (TSE:WM) Hits New 12-Month Low – Should You Sell?

Wallbridge Mining Company Limited (TSE:WM) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.07, with a volume of 858719 shares changing hands. The stock had previously closed at C$0.06.

Wallbridge Mining Stock Performance

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 company has a market capitalization of C$61.20 million, a P/E ratio of -6.00 and a beta of 1.33. The business has a fifty day moving average price of C$0.07 and a 200 day moving average price of C$0.07.

Wallbridge Mining (TSE:WM) last released its earnings results on Wednesday, November 6th. The mining company reported C($0.01) EPS for the quarter. On average, analysts expect that Wallbridge Mining Company Limited will post -0.01 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Senior Officer Brian W. Penny purchased 500,000 shares of the firm’s stock in a transaction on Wednesday, September 25th. The stock was purchased at an average cost of C$0.08 per share, for a total transaction of C$37,500.00. 17.07% of the stock is currently owned by corporate insiders.

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.