Wealth Minerals Ltd. (CVE:WML – Get Rating)'s share price was down 2.4% on Friday . The stock traded as low as C$0.20 and last traded at C$0.21. Approximately 99,000 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 122,698 shares. The stock had previously closed at C$0.21.
Wealth Minerals Stock Performance
The firm's 50-day moving average price is C$0.26 and its two-hundred day moving average price is C$0.29. The firm has a market capitalization of C$59.06 million and a PE ratio of -3.56. The company has a quick ratio of 6.52, a current ratio of 7.17 and a debt-to-equity ratio of 0.42.
About Wealth Minerals
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Wealth Minerals Ltd., a junior mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Chile, Canada, and Mexico. The company primarily explores for lithium, as well as for precious metal and copper deposits. It principally holds interests in the Atacama project that comprises 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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