Wealth Minerals (CVE:WML) Hits New 1-Year Low – What’s Next?

Wealth Minerals Ltd. (CVE:WMLGet Free Report) shares reached a new 52-week low on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 31000 shares traded. The stock had previously closed at C$0.06.

Wealth Minerals Trading Down 8.3 %

The company has a market capitalization of C$18.48 million, a P/E ratio of -1.83 and a beta of 0.55. The company has a debt-to-equity ratio of 0.07, a current ratio of 15.96 and a quick ratio of 4.30. The business’s 50-day moving average price is C$0.07 and its two-hundred day moving average price is C$0.10.

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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