Wealth Minerals (CVE:WML) Trading 15.4% Higher – Here’s What Happened

Shares of Wealth Minerals Ltd. (CVE:WML) rose 15.4% during trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 162,000 shares were traded during mid-day trading, a decline of 9% from the average daily volume of 178,832 shares. The stock had previously closed at C$0.07.

Wealth Minerals Trading Up 15.4%

The company has a market cap of C$27.18 million, a PE ratio of -0.58 and a beta of 3.14. The company has a quick ratio of 4.30, a current ratio of 15.96 and a debt-to-equity ratio of 0.07. The business has a 50-day simple moving average of C$0.07 and a 200-day simple moving average of C$0.09.

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. Wealth Minerals Ltd. was incorporated in 1994 and is headquartered in Vancouver, Canada.