Wealth Minerals (CVE:WML) Trading 15.8% Higher

Wealth Minerals Ltd. (CVE:WML)’s stock price shot up 15.8% during mid-day trading on Thursday . The stock traded as high as C$0.22 and last traded at C$0.22. 393,502 shares were traded during mid-day trading, an increase of 303% from the average session volume of 97,643 shares. The stock had previously closed at C$0.19.

Wealth Minerals Price Performance

The firm’s 50-day moving average is C$0.20 and its 200-day moving average is C$0.23. The company has a quick ratio of 4.30, a current ratio of 7.25 and a debt-to-equity ratio of 0.07. The company has a market capitalization of C$76.58 million, a PE ratio of -23.50 and a beta of 0.65.

Wealth Minerals (CVE:WML) last posted its quarterly earnings data on Tuesday, March 26th. The company reported C($0.01) earnings per share (EPS) for the quarter. Equities analysts predict that Wealth Minerals Ltd. will post -0.1 earnings per share for the current fiscal year.

About Wealth Minerals

Wealth Minerals Ltd., a junior mineral resource exploration company, 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 for precious metal and copper deposits. Its flagship property is the 100% owned Atacama project that comprises 144 exploration concessions covering an area of approximately 46,200 hectares located in the Atacama Salar in Region II of Antofagasta, northern Chile.