Wealth Minerals Ltd. (CVE:WML – Get Free Report) shares traded down 13.3% during trading on Friday . The company traded as low as C$0.06 and last traded at C$0.07. 405,300 shares were traded during trading, an increase of 165% from the average session volume of 152,702 shares. The stock had previously closed at C$0.08.
Wealth Minerals Stock Down 13.3%
The company has a market capitalization of C$23.55 million, a price-to-earnings ratio of -0.50 and a beta of 1.77. The business has a fifty day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.08. The company has a quick ratio of 4.30, a current ratio of 15.96 and a debt-to-equity ratio of 0.07.
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.
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