Wealth Minerals (CVE:WML) Trading Down 17.6% – Time to Sell?

Shares of Wealth Minerals Ltd. (CVE:WMLGet Free Report) fell 17.6% on Wednesday . The company traded as low as C$0.07 and last traded at C$0.07. 133,635 shares were traded during mid-day trading, a decline of 12% from the average session volume of 152,690 shares. The stock had previously closed at C$0.09.

Wealth Minerals Stock Performance

The firm has a market capitalization of C$25.37 million, a P/E 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 firm has a 50-day moving average price of C$0.12 and a two-hundred 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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