Wealth Minerals (CVE:WML) Trading Down 20% – What’s Next?

by · The Cerbat Gem

Shares of Wealth Minerals Ltd. (CVE:WML – Get Free Report) traded down 20% during mid-day trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. 164,550 shares were traded during trading, an increase of 112% from the average session volume of 77,748 shares. The stock had previously closed at C$0.08.

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 stock has a 50-day moving average price of C$0.08 and a 200 day moving average price of C$0.07. The stock has a market capitalization of C$20.15 million, a price-to-earnings ratio of -2.00 and a beta of 0.55.

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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