Wealth Minerals (CVE:WML) Trading Up 27.3% – Should You Buy?

Wealth Minerals Ltd. (CVE:WMLGet Free Report) was up 27.3% during trading on Saturday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 440,598 shares traded hands during 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 Trading Up 27.3%

The firm 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 quick ratio of 4.30, a current ratio of 15.96 and a debt-to-equity ratio of 0.07. The business’s fifty day moving average price is C$0.06 and its 200 day moving average price is C$0.05.

About Wealth Minerals

(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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