Wealth Minerals (CVE:WML) Reaches New 1-Year Low – Time to Sell?

Wealth Minerals Ltd. (CVE:WMLGet Free Report)’s share price hit a new 52-week low on Monday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 25816 shares traded. The stock had previously closed at C$0.06.

Wealth Minerals Stock 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 firm’s 50-day moving average is C$0.07 and its two-hundred day moving average is C$0.10. The stock has a market cap of C$15.12 million, a price-to-earnings ratio of -1.67 and a beta of 0.55.

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.

Further Reading

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