Wealth Minerals Ltd. (CVE:WML – Get Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.07, with a volume of 7750 shares changing hands. The stock had previously closed at C$0.06.
Wealth Minerals Price Performance
The business has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.11. The company has a quick ratio of 4.30, a current ratio of 15.96 and a debt-to-equity ratio of 0.07. The company has a market capitalization of C$18.48 million, a price-to-earnings ratio of -1.83 and a beta of 0.55.
About Wealth Minerals
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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