Wealth Minerals Ltd. (CVE:WML – Get Free Report)’s share price rose 22.2% during mid-day trading on Thursday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 285,244 shares changed hands during trading, an increase of 158% from the average daily volume of 110,405 shares. The stock had previously closed at C$0.05.
Wealth Minerals Trading Up 22.2%
The business’s 50-day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.06. The company has a quick ratio of 4.30, a current ratio of 15.96 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of C$18.48 million, a price-to-earnings ratio of -1.83 and a beta of 0.55.
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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