Shares of Wealth Minerals Ltd. (CVE:WML – Get Free Report) were down 21.1% during mid-day trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 168,413 shares were traded during trading, an increase of 7% from the average daily volume of 157,686 shares. The stock had previously closed at C$0.10.
Wealth Minerals Stock Performance
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 business has a 50-day simple moving average of C$0.11 and a 200-day simple moving average of C$0.07. The firm has a market capitalization of C$27.18 million, a PE ratio of -0.50 and a beta of 1.85.
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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