Wealth Minerals (CVE:WML) Shares Up 11.1% – Still a Buy?

Wealth Minerals Ltd. (CVE:WMLGet Free Report)’s share price rose 11.1% on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 122,656 shares traded hands during mid-day trading, an increase of 20% from the average daily volume of 102,519 shares. The stock had previously closed at C$0.05.

Wealth Minerals Trading Up 11.1 %

The stock has a 50-day moving average of C$0.06 and a two-hundred day moving average of C$0.09. The company has a market cap of C$16.80 million, a P/E ratio of -1.67 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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