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 company has a quick ratio of 4.30, a current ratio of 15.96 and a debt-to-equity ratio of 0.07. The company has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.05. The stock has a market capitalization of C$23.93 million, a price-to-earnings ratio of -0.47 and a beta of 0.88.
Wealth Minerals Company Profile
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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