Wealth Minerals (CVE:WML) Reaches New 12-Month Low – Time to Sell?

Wealth Minerals Ltd. (CVE:WMLGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 111290 shares changing hands. The stock had previously closed at C$0.09.

Wealth Minerals Trading Down 6.3 %

The stock has a 50-day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.13. The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.30 and a current ratio of 15.96. The firm has a market cap of C$25.19 million, a PE ratio of -2.50 and a beta of 0.55.

Wealth Minerals (CVE:WMLGet Free Report) last issued its earnings results on Wednesday, July 24th. The company reported C($0.01) earnings per share (EPS) for the quarter. As a group, sell-side analysts anticipate that Wealth Minerals Ltd. will post -0.1 EPS for the current year.

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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