Wealth Minerals (CVE:WML) Reaches New 12-Month Low at $0.08

Wealth Minerals Ltd. (CVE:WML)’s stock price hit a new 52-week low on Tuesday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 5000 shares traded. The stock had previously closed at C$0.08.

Wealth Minerals Stock Performance

The business has a fifty day moving average of C$0.10 and a 200-day moving average of C$0.15. 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 capitalization of C$26.87 million, a P/E ratio of -2.67 and a beta of 0.56.

Wealth Minerals (CVE:WML) last released its quarterly earnings data on Wednesday, July 24th. The company reported C($0.01) earnings per share for the quarter. Analysts anticipate that Wealth Minerals Ltd. will post -0.1 earnings per share for the current fiscal year.

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.