Wealth Minerals (CVE:WML) Reaches New 12-Month Low – Time to Sell?

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

Wealth Minerals Trading Down 8.3 %

The company has a debt-to-equity ratio of 0.07, a current ratio of 15.96 and a quick ratio of 4.30. The firm has a market cap of C$18.48 million, a price-to-earnings ratio of -1.83 and a beta of 0.55. The firm’s fifty day moving average is C$0.08 and its 200-day moving average is C$0.11.

Wealth Minerals Company Profile

(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.

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