Wealth Minerals (CVE:WML) Trading Up 15.8%

Shares of Wealth Minerals Ltd. (CVE:WML) rose 15.8% during trading on Thursday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 393,502 shares were traded during mid-day trading, an increase of 303% from the average daily volume of 97,643 shares. The stock had previously closed at C$0.19.

Wealth Minerals Trading Up 15.8 %

The company has a market capitalization of C$71.69 million, a price-to-earnings ratio of -22.00 and a beta of 0.65. The company has a current ratio of 7.25, a quick ratio of 4.30 and a debt-to-equity ratio of 0.07. The business’s 50 day moving average price is C$0.20 and its two-hundred day moving average price is C$0.23.

Wealth Minerals (CVE:WML) last issued its earnings results on Tuesday, March 26th. The company reported C($0.01) earnings per share for the quarter. On average, equities analysts predict that Wealth Minerals Ltd. will post -0.1 earnings per share for the current fiscal year.

Wealth Minerals Company Profile

Wealth Minerals Ltd., a junior mineral resource exploration company, 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 for precious metal and copper deposits. Its flagship property is the 100% owned Atacama project that comprises 144 exploration concessions covering an area of approximately 46,200 hectares located in the Atacama Salar in Region II of Antofagasta, northern Chile.