Wealth Minerals (CVE:WML) Shares Up 8.3% – Here’s What Happened

Wealth Minerals Ltd. (CVE:WMLGet Free Report) traded up 8.3% on Wednesday . The company traded as high as C$0.07 and last traded at C$0.07. 568,867 shares changed hands during mid-day trading, an increase of 370% from the average daily volume of 121,070 shares. The stock had previously closed at C$0.06.

Wealth Minerals Trading Up 16.7%

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 company has a fifty day moving average of C$0.07 and a 200-day moving average of C$0.07. The firm has a market capitalization of C$26.74 million, a PE ratio of -3.50 and a beta of 3.51.

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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