Wealth Minerals Ltd. (CVE:WML – Get Free Report) shares shot up 13.3% during mid-day trading on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. 190,000 shares traded hands during trading, an increase of 127% from the average session volume of 83,757 shares. The stock had previously closed at C$0.08.
Wealth Minerals Stock Performance
The stock’s 50-day moving average price is C$0.07 and its 200-day moving average price is C$0.07. 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 company has a market capitalization of C$28.55 million, a P/E ratio of -2.83 and a beta of 0.55.
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.
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