Wealth Minerals (CVE:WML) Shares Down 10% – What’s Next?

Wealth Minerals Ltd. (CVE:WMLGet Free Report)’s stock price was down 10% during mid-day trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 160,607 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 374,972 shares. The stock had previously closed at C$0.10.

Wealth Minerals Stock Up 5.9%

The company has a quick ratio of 4.30, a current ratio of 15.96 and a debt-to-equity ratio of 0.07. The firm has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.08. The company has a market capitalization of C$32.61 million, a P/E ratio of -0.69 and a beta of 2.58.

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.

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