Wealth Minerals (CVE:WML) Stock Price Up 28.6% – What’s Next?

Wealth Minerals Ltd. (CVE:WMLGet Free Report) shares were up 28.6% during mid-day trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 174,600 shares were traded during trading, an increase of 63% from the average daily volume of 107,323 shares. The stock had previously closed at C$0.04.

Wealth Minerals Stock Performance

The stock has a 50-day moving average price of C$0.04 and a 200 day moving average price of C$0.06. 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 firm has a market cap of C$13.44 million, a PE ratio of -1.33 and a beta of 0.55.

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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