Wealth Minerals (CVE:WML) Trading Up 14.3% – Time to Buy?

Wealth Minerals Ltd. (CVE:WMLGet Free Report) was up 14.3% during mid-day trading on Monday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 491,501 shares changed hands during trading, an increase of 333% from the average daily volume of 113,524 shares. The stock had previously closed at C$0.04.

Wealth Minerals Trading Up 14.3 %

The business has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.06. The stock has a market capitalization of C$13.44 million, a P/E ratio of -1.33 and a beta of 0.55. The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.30 and a current ratio of 15.96.

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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