Wealth Minerals Ltd. (CVE:WML – Get Free Report) shares fell 14.3% during mid-day trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 112,077 shares traded hands during mid-day trading, a decline of 6% from the average session volume of 118,915 shares. The stock had previously closed at C$0.07.
Wealth Minerals Stock Performance
The stock has a fifty day simple moving average of C$0.07 and a 200-day simple moving average of C$0.07. 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 company has a market capitalization of C$22.92 million, a P/E ratio of -6.00 and a beta of 3.52.
Wealth Minerals Company Profile
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.
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