Wealth Minerals (CVE:WML) Hits New 12-Month Low – Here’s Why

Wealth Minerals Ltd. (CVE:WMLGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 2000 shares trading hands. The stock had previously closed at C$0.05.

Wealth Minerals Stock Performance

The business has a 50 day moving average of C$0.06 and a 200-day moving average of C$0.09. The company has a market capitalization of C$13.44 million, a P/E ratio of -1.33 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.

Further Reading

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