Wealth Minerals (CVE:WML) Hits New 12-Month Low – What’s Next?

Wealth Minerals Ltd. (CVE:WMLGet Free Report)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 3630 shares changing hands. The stock had previously closed at C$0.05.

Wealth Minerals Trading Up 11.1 %

The company has a 50 day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.09. 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 company has a market cap of C$16.80 million, a PE ratio of -1.50 and a beta of 0.55.

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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