Wealth Minerals Ltd. (CVE:WML – Get Free Report) shares rose 42.3% on Wednesday . The company traded as high as C$0.22 and last traded at C$0.19. Approximately 1,258,870 shares traded hands during trading, an increase of 828% from the average daily volume of 135,706 shares. The stock had previously closed at C$0.13.
Wealth Minerals Trading Up 42.3%
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 has a market capitalization of C$63.25 million, a price-to-earnings ratio of -1.23 and a beta of 0.88. The company has a fifty day moving average price of C$0.07 and a 200-day moving average price of C$0.06.
About Wealth Minerals
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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