Wealth Minerals (CVE:WML) Shares Down 26.3% – Time to Sell?

Shares of Wealth Minerals Ltd. (CVE:WMLGet Free Report) traded down 26.3% during mid-day trading on Wednesday . The company traded as low as C$0.14 and last traded at C$0.14. 764,529 shares traded hands during mid-day trading, an increase of 435% from the average session volume of 142,798 shares. The stock had previously closed at C$0.19.

Wealth Minerals Price Performance

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 cap of C$50.73 million, a PE ratio of -0.93 and a beta of 0.88. The stock has a 50 day simple moving average of C$0.08 and a 200-day simple moving average of C$0.06.

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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