Wealth Minerals (CVE:WML) Trading Down 15% – Here’s What Happened

Wealth Minerals Ltd. (CVE:WMLGet Free Report)’s stock price traded down 15% during trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. 333,309 shares were traded 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 Price Performance

The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.30 and a current ratio of 15.96. The company has a market cap of C$32.61 million, a price-to-earnings ratio of -0.69 and a beta of 2.58. The company’s 50 day moving average price is C$0.08 and its 200-day moving average price 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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