Wealth Minerals Ltd. (CVE:WML – Get Free Report) shares shot up 27.3% during mid-day trading on Saturday . The stock traded as high as C$0.07 and last traded at C$0.07. 440,598 shares traded hands 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 firm’s fifty day moving average is C$0.06 and its 200-day moving average is C$0.05. The stock has a market capitalization of C$23.93 million, a PE 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.
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.
Further Reading
- Five stocks we like better than Wealth Minerals
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Union Pacific: Laying the Tracks for America’s Industrial Renewal
- Short Selling – The Pros and Cons
- TransDigm’s Edge: From Spare Parts to Sky-High Profits
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Spire Global: Tiny Satellites, Big Buy Ratings and Upside
Receive News & Ratings for Wealth Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wealth Minerals and related companies with MarketBeat.com's FREE daily email newsletter.
