Wealth Minerals (CVE:WML) Shares Down 22.2% – Time to Sell?

Wealth Minerals Ltd. (CVE:WMLGet Free Report) shares traded down 22.2% during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.04. 846,000 shares changed hands during mid-day trading, an increase of 818% from the average session volume of 92,121 shares. The stock had previously closed at C$0.05.

Wealth Minerals Price Performance

The company has a current ratio of 15.96, a quick ratio of 4.30 and a debt-to-equity ratio of 0.07. The company has a market cap of C$11.76 million, a PE ratio of -1.17 and a beta of 0.55. The firm has a 50 day moving average of C$0.06 and a two-hundred day moving average of C$0.06.

Wealth Minerals Company Profile

(Get Free Report)

Wealth Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada, Chile, Peru, and Mexico. The company primarily explores for lithium, as well as precious metals and copper deposits. Its flagship property comprises the 100% owned Yapuckuta project that consists of 144 exploration concessions covering an area of approximately 46,200 hectares located in the Atacama Salar in Region II of Antofagasta, northern Chile.

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