Wealth Minerals (CVE:WML) Shares Up 27.3% – Here’s Why

Wealth Minerals Ltd. (CVE:WMLGet Free Report) traded up 27.3% during trading on Saturday . The company traded as high as C$0.07 and last traded at C$0.07. 440,598 shares were traded during trading, an increase of 308% from the average session volume of 108,113 shares. The stock had previously closed at C$0.06.

Wealth Minerals Stock Up 27.3%

The stock has a market capitalization of C$23.93 million, a P/E ratio of -0.47 and a beta of 0.88. 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 stock’s 50 day simple moving average is C$0.06 and its 200 day simple moving average is C$0.05.

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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