Wealth Minerals Ltd. (CVE:WML – Get Free Report) shares dropped 15% during mid-day trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 333,309 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 411,883 shares. The stock had previously closed at C$0.10.
Wealth Minerals Stock Up 5.9%
The company has a market capitalization of C$32.61 million, a PE ratio of -0.69 and a beta of 2.58. The company has a debt-to-equity ratio of 0.07, a current ratio of 15.96 and a quick ratio of 4.30. The business’s 50 day simple moving average is C$0.08 and its 200 day simple moving average is C$0.08.
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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