Wealth Minerals (CVE:WML) Stock Price Down 17.6% – Should You Sell?

Wealth Minerals Ltd. (CVE:WMLGet Free Report)’s stock price dropped 17.6% during trading on Wednesday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 133,635 shares traded hands during trading, a decline of 12% from the average daily volume of 152,690 shares. The stock had previously closed at C$0.09.

Wealth Minerals Stock Down 17.6%

The firm has a market capitalization of C$25.37 million, a PE ratio of -0.54 and a beta of 1.77. 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 company has a 50-day moving average price of C$0.12 and a 200 day moving average price of C$0.08.

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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