Shares of Wealth Minerals Ltd. (CVE:WML – Get Free Report) fell 15% on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09. 333,309 shares traded hands 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 Stock Down 15.0%
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 firm has a fifty day simple moving average of C$0.08 and a 200-day simple moving average of C$0.08. The firm has a market cap of C$30.80 million, a price-to-earnings ratio of -0.65 and a beta of 2.58.
About Wealth Minerals
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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