Wealth Minerals (CVE:WML) Stock Price Up 41.7% – Time to Buy?

Wealth Minerals Ltd. (CVE:WMLGet Free Report) shares shot up 41.7% on Tuesday . The company traded as high as C$0.09 and last traded at C$0.09. 385,635 shares were traded during 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 Trading Up 41.7%

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’s fifty day moving average is C$0.12 and its two-hundred day moving average is C$0.07. The firm has a market capitalization of C$30.80 million, a PE ratio of -0.65 and a beta of 1.77.

Wealth Minerals Company Profile

(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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