Wealth Minerals (CVE:WML) Stock Price Up 41.7% – Still a Buy?

Wealth Minerals Ltd. (CVE:WMLGet Free Report)’s stock price traded up 41.7% on Monday . The company traded as high as C$0.09 and last traded at C$0.09. 385,635 shares changed hands during mid-day trading, an increase of 146% from the average session volume of 156,853 shares. The stock had previously closed at C$0.06.

Wealth Minerals Price 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 firm has a market capitalization of C$30.80 million, a P/E ratio of -0.65 and a beta of 1.77. The company’s 50 day moving average price is C$0.12 and its 200 day moving average price is C$0.07.

About Wealth Minerals

(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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