Insider Selling: Wealth Minerals Ltd. (CVE:WML) Senior Officer Sells 30,000 Shares of Stock

Wealth Minerals Ltd. (CVE:WMLGet Rating) Senior Officer Sead Hamzagic sold 30,000 shares of Wealth Minerals stock in a transaction on Friday, January 6th. The stock was sold at an average price of C$0.48, for a total transaction of C$14,250.00. Following the transaction, the insider now owns 445,000 shares in the company, valued at approximately C$211,375.

Wealth Minerals Price Performance

Shares of CVE:WML opened at C$0.43 on Tuesday. The firm has a market cap of C$127.85 million and a PE ratio of -7.29. The firm’s fifty day moving average is C$0.36 and its 200-day moving average is C$0.30. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.30 and a current ratio of 4.48. Wealth Minerals Ltd. has a 52 week low of C$0.17 and a 52 week high of C$0.49.

Wealth Minerals (CVE:WMLGet Rating) last issued its quarterly earnings results on Friday, October 21st. The company reported C($0.01) EPS for the quarter. Sell-side analysts predict that Wealth Minerals Ltd. will post -0.1 earnings per share for the current year.

About Wealth Minerals

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Wealth Minerals Ltd., a junior mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Chile, Canada, and Mexico. The company primarily explores for lithium, as well as for precious metal and copper deposits. It principally holds interests in the 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.

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