Wealth Minerals (CVE:WML) Reaches New 12-Month Low – Here’s What Happened

by · The Cerbat Gem

Wealth Minerals Ltd. (CVE:WML – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 25000 shares changing hands. The stock had previously closed at C$0.07.

Wealth Minerals Stock Performance

The firm’s 50 day simple moving average is C$0.08 and its 200-day simple moving average is C$0.11. The company has a market capitalization of C$21.83 million, a price-to-earnings ratio of -2.17 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.

About Wealth Minerals

(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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