Wealth Minerals (CVE:WML) Stock Price Down 21.1% – Should You Sell?

Wealth Minerals Ltd. (CVE:WMLGet Free Report) traded down 21.1% during mid-day trading on Friday . The stock traded as low as C$0.08 and last traded at C$0.08. 168,413 shares changed hands during mid-day trading, an increase of 7% from the average session 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 current ratio of 15.96, a quick ratio of 4.30 and a debt-to-equity ratio of 0.07. The firm’s 50 day moving average price is C$0.11 and its 200-day moving average price is C$0.07.

Wealth Minerals Company Profile

(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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