Shares of Wealth Minerals Ltd. (CVE:WML – Get Free Report) fell 20% during trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. 164,550 shares changed hands during trading, an increase of 112% from the average session volume of 77,748 shares. The stock had previously closed at C$0.08.
Wealth Minerals Price Performance
The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.30 and a current ratio of 15.96. The stock has a market capitalization of C$20.15 million, a price-to-earnings ratio of -2.00 and a beta of 0.55. The firm’s fifty day simple moving average is C$0.08 and its 200 day simple 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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