Shares of Wealth Minerals Ltd. (CVE:WML – Get Free Report) traded up 15.8% on Thursday . The stock traded as high as C$0.22 and last traded at C$0.22. 393,502 shares were traded during trading, an increase of 303% from the average session volume of 97,643 shares. The stock had previously closed at C$0.19.
Wealth Minerals Trading Up 15.8 %
The business has a 50 day simple moving average of C$0.20 and a 200-day simple moving average of C$0.23. The stock has a market capitalization of C$71.69 million, a price-to-earnings ratio of -22.00 and a beta of 0.65. The company has a debt-to-equity ratio of 0.07, a current ratio of 7.25 and a quick ratio of 4.30.
Wealth Minerals (CVE:WML – Get Free Report) last posted its earnings results on Tuesday, March 26th. The company reported C($0.01) earnings per share (EPS) for the quarter. As a group, equities analysts expect that Wealth Minerals Ltd. will post -0.1 earnings per share for the current year.
About Wealth Minerals
Wealth Minerals Ltd., a junior mineral resource exploration company, 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 for precious metal and copper deposits. Its flagship property is the 100% owned Atacama project that comprises 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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