Wealth Minerals (CVE:WML) Trading Up 42.3% - Here's What Happened

Key Points

• Wealth Minerals Ltd. (CVE:WML) saw its share price surge by 42.3% during mid-day trading, reaching a high of C$0.22 with a closing price of C$0.19.
• The trading volume for the day spiked to approximately 1,258,870 shares, marking an 828% increase from the average daily volume.
• The company specializes in the acquisition and exploration of mineral properties, focusing on lithium, precious metals, and copper deposits across several countries including Chile and Peru.

Wealth Minerals Ltd. (CVE:WML - ) shares traded up 42.3% during trading on Tuesday . The stock traded as high as C$0.22 and last traded at C$0.19. 1,258,870 shares were traded during mid-day trading, an increase of 828% from the average session volume of 135,706 shares. The stock had previously closed at C$0.13.

Wealth Minerals Trading Up 42.3%

The company has a market cap of C$63.25 million, a PE ratio of -1.23 and a beta of 0.88. 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 company has a 50-day moving average of C$0.07 and a 200 day moving average of C$0.05.

About Wealth Minerals

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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