Shares of Wealth Minerals Ltd. (CVE:WML – Get Free Report) were down 15% on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 277,309 shares changed hands during trading, a decline of 32% from the average daily volume of 405,661 shares. The stock had previously closed at C$0.10.
Wealth Minerals Stock Performance
The firm has a fifty day simple moving average of C$0.08 and a 200 day simple moving average of C$0.08. 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 has a market cap of C$30.80 million, a price-to-earnings ratio of -0.65 and a beta of 2.58.
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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