Wealth Minerals (CVE:WML) Hits New 1-Year Low – Should You Sell?

Wealth Minerals Ltd. (CVE:WMLGet Free Report)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 163300 shares. The stock had previously closed at C$0.07.

Wealth Minerals Trading Up 8.3%

The company has a fifty day moving average of C$0.07 and a two-hundred day moving average of C$0.07. The company has a quick ratio of 4.30, a current ratio of 15.96 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of C$24.83 million, a price-to-earnings ratio of -3.25 and a beta of 3.51.

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. Wealth Minerals Ltd. was incorporated in 1994 and is headquartered in Vancouver, Canada.

Featured Articles

Receive News & Ratings for Wealth Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wealth Minerals and related companies with MarketBeat.com's FREE daily email newsletter.