Wealth Minerals Ltd. (CVE:WML – Get Free Report) shares dropped 21.1% on Friday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 168,413 shares changed hands during trading, an increase of 7% from the average daily volume of 157,686 shares. The stock had previously closed at C$0.10.
Wealth Minerals Price Performance
The company has a market cap of C$27.18 million, a P/E ratio of -0.50 and a beta of 1.85. The company has a debt-to-equity ratio of 0.07, a current ratio of 15.96 and a quick ratio of 4.30. The company’s 50-day moving average is C$0.11 and its two-hundred day moving average is C$0.07.
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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