Wealth Minerals (CVE:WML) Trading Down 15% – Time to Sell?
by Jessica Moore · The Cerbat GemShares of Wealth Minerals Ltd. (CVE:WML – Get Free Report) traded down 15% during trading on Wednesday . The stock traded as low as C$0.09 and last traded at C$0.09. 277,309 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 405,661 shares. The stock had previously closed at C$0.10.
Wealth Minerals Stock Down 15.0%
The company has a quick ratio of 4.30, a current ratio of 15.96 and a debt-to-equity ratio of 0.07. The business has a 50-day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.08. The stock has a market capitalization of C$30.80 million, a P/E ratio of -0.65 and a beta of 2.58.
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.