Wealth Minerals (OTCMKTS:WMLLF) Issues Quarterly Earnings Results

Wealth Minerals (OTCMKTS:WMLLF) released its quarterly earnings data on Monday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports.

Wealth Minerals Stock Down 9.8%

OTCMKTS WMLLF opened at $0.05 on Tuesday. The stock has a 50 day moving average price of $0.05 and a 200-day moving average price of $0.07. Wealth Minerals has a one year low of $0.02 and a one year high of $0.15. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.43 and a current ratio of 1.43. The company has a market capitalization of $18.72 million, a P/E ratio of -0.45 and a beta of 1.07.

Wealth Minerals Company Profile

Wealth Minerals Ltd. (OTCMKTS: WMLLF) is a mineral exploration company focused on the acquisition, exploration and development of lithium brine projects. Headquartered in Vancouver, Canada, the company targets strategic battery metals critical to the global transition to electric vehicles and renewable energy storage. Its primary objective is to identify, delineate and advance economically viable lithium resources.

Wealth Minerals’ flagship assets are located in the lithium-rich “Lithium Triangle” of South America, with a concentration of properties in Chile’s Atacama Basin.