Wealth Minerals (CVE:WML) Stock Price Up 41.7% – Still a Buy?

Wealth Minerals Ltd. (CVE:WMLGet Free Report)’s share price traded up 41.7% during trading on Tuesday . The stock traded as high as C$0.09 and last traded at C$0.09. 385,635 shares were traded during trading, an increase of 146% from the average session volume of 156,853 shares. The stock had previously closed at C$0.06.

Wealth Minerals Stock Performance

The stock has a market cap of C$30.80 million, a P/E ratio of -0.65 and a beta of 1.77. 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 stock’s fifty day moving average price is C$0.12 and its 200 day moving average price is C$0.07.

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.

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