Shares of Wealth Minerals Ltd. (CVE:WML – Get Free Report) dropped 26.7% during trading on Tuesday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 1,697,075 shares were traded during mid-day trading, an increase of 983% from the average daily volume of 156,688 shares. The stock had previously closed at C$0.15.
Wealth Minerals Price Performance
The business has a 50 day moving average of C$0.11 and a 200 day moving average of C$0.07. The company has a market cap of C$39.86 million, a PE ratio of -0.73 and a beta of 1.85. The company has a debt-to-equity ratio of 0.07, a current ratio of 15.96 and a quick ratio of 4.30.
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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