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

Wealth Minerals Ltd. (CVE:WMLGet Free Report)’s share price traded down 15% during mid-day trading on Thursday . The company 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 session volume of 411,883 shares. The stock had previously closed at C$0.10.

Wealth Minerals Stock Performance

The stock has a market capitalization of C$30.80 million, a price-to-earnings ratio of -0.65 and a beta of 2.58. 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 stock’s 50-day simple moving average is C$0.08 and its 200 day simple moving average is C$0.08.

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

Further Reading

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