Wealth Minerals (CVE:WML) Trading 41.7% Higher – Here’s What Happened

by · The Cerbat Gem

Shares of Wealth Minerals Ltd. (CVE:WML – Get Free Report) shot up 41.7% during trading on Monday . The company traded as high as C$0.09 and last traded at C$0.09. 385,635 shares were traded during mid-day trading, an increase of 146% from the average session volume of 156,853 shares. The stock had previously closed at C$0.06.

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 fifty day moving average price of C$0.11 and a two-hundred day moving average price of C$0.07. The company has a market cap of C$30.80 million, a price-to-earnings ratio of -0.65 and a beta of 1.77.

About Wealth Minerals

(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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