Wealth Minerals (CVE:WML) Trading Up 14.3% – Still a Buy?

Wealth Minerals Ltd. (CVE:WML) shares rose 14.3% during trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 506,501 shares were traded during trading, an increase of 345% from the average daily volume of 113,745 shares. The stock had previously closed at C$0.04.

Wealth Minerals Stock Up 14.3 %

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 business’s fifty day moving average price is C$0.06 and its two-hundred day moving average price is C$0.06. The firm has a market cap of C$13.44 million, a P/E ratio of -1.33 and a beta of 0.55.

Wealth Minerals Company Profile

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.