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

Shares of Wealth Minerals Ltd. (CVE:WMLGet Free Report) hit a new 52-week low on Wednesday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 119006 shares trading hands. The stock had previously closed at C$0.09.

Wealth Minerals Stock Performance

The stock has a market capitalization of C$26.87 million, a PE ratio of -2.83 and a beta of 0.55. The firm’s 50 day moving average is C$0.09 and its two-hundred day moving average is C$0.13. 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 (CVE:WMLGet Free Report) last announced its quarterly earnings data on Wednesday, July 24th. The company reported C($0.01) earnings per share for the quarter. As a group, research analysts predict that Wealth Minerals Ltd. will post -0.1 earnings per share for the current year.

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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