Wealth Minerals (CVE:WML) Stock Price Down 20% – What’s Next?

Wealth Minerals Ltd. (CVE:WMLGet Free Report) shares fell 20% during mid-day trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. 164,550 shares changed hands during trading, an increase of 112% from the average session volume of 77,748 shares. The stock had previously closed at C$0.08.

Wealth Minerals Stock Down 20.0 %

The firm has a market capitalization of C$20.15 million, a PE ratio of -2.00 and a beta of 0.55. The company has a fifty day moving average price of C$0.08 and a 200-day moving average price of C$0.07. 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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