Wealth Minerals Ltd. (CVE:WML – Get Free Report) shares shot up 23.5% on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.11. 620,351 shares were traded during trading, an increase of 96% from the average session volume of 316,425 shares. The stock had previously closed at C$0.09.
Wealth Minerals Stock Performance
The stock has a market capitalization of C$39.86 million, a P/E ratio of -0.85 and a beta of 2.58. The stock has a 50 day simple moving average of C$0.08 and a two-hundred day simple moving average of 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.
Wealth Minerals Company Profile
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. Wealth Minerals Ltd. was incorporated in 1994 and is headquartered in Vancouver, Canada.
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