Wealth Minerals (CVE:WML) Shares Down 15% – What’s Next?

by · The Cerbat Gem

Wealth Minerals Ltd. (CVE:WML – Get Free Report)’s share price was down 15% during trading on Wednesday . The stock traded as low as C$0.09 and last traded at C$0.09. 333,309 shares traded hands during trading, a decline of 19% from the average daily volume of 411,883 shares. The stock had previously closed at C$0.10.

Wealth Minerals Price Performance

The company has a debt-to-equity ratio of 0.07, a current ratio of 15.96 and a quick ratio of 4.30. The stock has a market cap of C$30.80 million, a PE ratio of -0.65 and a beta of 2.58. The company has a 50-day simple moving average of C$0.08 and a 200-day simple moving average of C$0.08.

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. Wealth Minerals Ltd. was incorporated in 1994 and is headquartered in Vancouver, Canada.

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