Shares of Wealth Minerals Ltd. (CVE:WML – Get Free Report) fell 17.6% during mid-day trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. 133,635 shares changed hands during 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 Trading Down 17.6%
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 business’s 50 day moving average is C$0.12 and its two-hundred day moving average is C$0.08. The company has a quick ratio of 4.30, a current ratio of 15.96 and a debt-to-equity ratio of 0.07.
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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