Wealth Minerals (CVE:WML) Shares Down 20% – Time to Sell?

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 Trading Down 20.0 %

The company has a market capitalization of C$20.15 million, a PE ratio of -2.00 and a beta of 0.55. 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 company’s fifty day moving average is C$0.08 and its 200-day moving average is C$0.07.

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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