Shares of Wealth Minerals Ltd. (CVE:WML – Get Free Report) shot 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 mid-day 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 Performance
The stock’s 50-day moving average price is C$0.06 and its 200 day moving average price is C$0.05. The firm has a market cap of C$23.93 million, a P/E ratio of -0.47 and a beta of 0.88. The company has a debt-to-equity ratio of 0.07, a current ratio of 15.96 and a quick ratio of 4.30.
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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