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

Wealth Minerals Ltd. (CVE:WMLGet Free Report)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.07, with a volume of 7750 shares trading hands. The stock had previously closed at C$0.06.

Wealth Minerals Stock Performance

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 firm has a 50-day moving average of C$0.08 and a 200 day moving average of C$0.12. The company has a market cap of C$20.15 million, a P/E ratio of -2.00 and a beta of 0.55.

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.

Read More

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.