Wealth Minerals Ltd. (CVE:WML – Get Free Report) rose 27.3% on Saturday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 440,598 shares were traded during mid-day trading, an increase of 308% from the average daily volume of 108,113 shares. The stock had previously closed at C$0.06.
Wealth Minerals Stock Performance
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 current ratio of 15.96, a quick ratio of 4.30 and a debt-to-equity ratio of 0.07. The company’s 50-day moving average is C$0.06 and its two-hundred day moving average is C$0.05.
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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