Wealth Minerals (CVE:WML) Reaches New 1-Year Low – Here’s Why

Wealth Minerals Ltd. (CVE:WMLGet Free Report) hit a new 52-week low on Monday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 25816 shares changing hands. The stock had previously closed at C$0.06.

Wealth Minerals Stock Performance

The stock has a market capitalization of C$18.48 million, a P/E ratio of -1.83 and a beta of 0.55. The stock has a 50 day moving average of C$0.07 and a 200 day moving average of C$0.10. 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.

Further Reading

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