Wealth Minerals (CVE:WML) Trading Up 42.3% - What's Next?

Key Points

• Wealth Minerals Ltd. saw its stock price increase by 42.3%, trading as high as C$0.22 before settling at C$0.19.
• Trading volume surged to approximately 1,258,870 shares, marking an 828% increase from the average daily volume.
• The company has a market cap of C$63.25 million and focuses on lithium and precious metals exploration across several countries.

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

Wealth Minerals Stock Performance

The company has a quick ratio of 4.30, a current ratio of 15.96 and a debt-to-equity ratio of 0.07. The company has a market cap of C$63.25 million, a PE ratio of -1.23 and a beta of 0.88. The stock's 50 day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.06.

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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