Wealth Minerals (CVE:WML) Shares Up 22.2% – Time to Buy?

Wealth Minerals Ltd. (CVE:WMLGet Free Report)’s stock price traded up 22.2% on Thursday . The stock traded as high as C$0.06 and last traded at C$0.06. 285,244 shares traded hands during trading, an increase of 158% from the average session volume of 110,405 shares. The stock had previously closed at C$0.05.

Wealth Minerals Stock Performance

The company’s 50-day moving average price is C$0.05 and its two-hundred day moving average price is C$0.06. The company has a market cap of C$18.48 million, a P/E ratio of -1.83 and a beta of 0.55. The company has a current ratio of 15.96, a quick ratio of 4.30 and a debt-to-equity ratio of 0.07.

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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