Wealth Minerals Ltd. (CVE:WML – Get Rating) shares rose 8.5% during mid-day trading on Tuesday . The stock traded as high as C$0.40 and last traded at C$0.39. Approximately 101,090 shares were traded during trading, a decline of 43% from the average daily volume of 178,621 shares. The stock had previously closed at C$0.36.
Wealth Minerals Stock Performance
The company has a debt-to-equity ratio of 0.08, a current ratio of 8.26 and a quick ratio of 4.30. The stock has a market capitalization of C$122.42 million, a price-to-earnings ratio of -17.75 and a beta of 0.69. The stock has a 50-day moving average of C$0.39 and a 200 day moving average of C$0.35.
Get Wealth Minerals alerts:Insider Activity at Wealth Minerals
In other news, Director David Lies purchased 147,500 shares of the business's stock in a transaction that occurred on Thursday, February 23rd. The shares were acquired at an average cost of C$0.29 per share, for a total transaction of C$42,258.75. Insiders have acquired 297,480 shares of company stock worth $81,730 over the last ninety days. Company insiders own 9.21% of the company's stock.
Wealth Minerals Company Profile
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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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