Wealth Minerals (CVE:WML) Shares Down 21.1% - Here's What Happened

Key Points

• Wealth Minerals Ltd. shares fell by 21.1% during trading on Tuesday, reaching a low of C$0.14 and closing at C$0.15.
• The company's market capitalization stands at C$50.73 million, with a P/E ratio of -0.93.
• Wealth Minerals primarily explores for lithium and precious metals across regions in Canada, Chile, Peru, and Mexico, with its flagship project located in the Atacama Salar in northern Chile.

Shares of Wealth Minerals Ltd. (CVE:WML - ) fell 21.1% during trading on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.15. 687,029 shares traded hands during trading, an increase of 383% from the average session volume of 142,334 shares. The stock had previously closed at C$0.19.

Wealth Minerals Stock Down 26.3%

The stock has a market capitalization of C$50.73 million, a P/E ratio of -0.93 and a beta of 0.88. The company's 50-day moving average price is C$0.08 and its 200 day moving average price is C$0.06. The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.30 and a current ratio of 15.96.

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.

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