Wealth Minerals (CVE:WML) Trading Up 22.2% – Time to Buy?

Shares of Wealth Minerals Ltd. (CVE:WMLGet Free Report) were up 22.2% during trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 285,244 shares traded hands during trading, an increase of 158% from the average daily volume of 110,405 shares. The stock had previously closed at C$0.05.

Wealth Minerals Stock Performance

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 stock has a market capitalization of C$18.48 million, a price-to-earnings ratio of -1.83 and a beta of 0.55. The business has a fifty day simple moving average of C$0.05 and a 200 day simple moving average of C$0.06.

Wealth Minerals Company Profile

(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.

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