Wealth Minerals (CVE:WML) Reaches New 52-Week Low – Here’s Why

Wealth Minerals Ltd. (CVE:WMLGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 25000 shares. The stock had previously closed at C$0.07.

Wealth Minerals Price Performance

The stock has a market cap of C$21.83 million, a PE ratio of -2.17 and a beta of 0.55. The company has a current ratio of 15.96, a quick ratio of 4.30 and a debt-to-equity ratio of 0.07. The company’s 50 day moving average is C$0.08 and its 200-day moving average is C$0.11.

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.

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