Wealth Minerals Ltd. (CVE:WML – Get Free Report)’s stock price traded down 12.5% on Wednesday. The company traded as low as C$0.07 and last traded at C$0.07. 246,000 shares traded hands during mid-day trading, an increase of 78% from the average daily volume of 138,009 shares. The stock had previously closed at C$0.08.
Wealth Minerals Stock Down 12.5%
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 capitalization of C$26.74 million, a price-to-earnings ratio of -3.50 and a beta of 3.27. The firm’s 50 day simple moving average is C$0.08 and its 200-day simple moving average is C$0.07.
Wealth Minerals Company Profile
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. Wealth Minerals Ltd. was incorporated in 1994 and is headquartered in Vancouver, Canada.
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