Shares of Wealth Minerals Ltd. (CVE:WML – Get Free Report) rose 33.3% during mid-day trading on Monday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 364,135 shares changed hands during trading, an increase of 132% from the average daily volume of 156,742 shares. The stock had previously closed at C$0.06.
Wealth Minerals Stock Performance
The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.30 and a current ratio of 15.96. The stock has a market capitalization of C$30.80 million, a P/E ratio of -0.65 and a beta of 1.77. The business has a 50-day moving average price of C$0.11 and a 200 day moving average price of C$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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