What’s Propelling Wealth Minerals Ltd to Decline So Much?

 What's Propelling Wealth Minerals Ltd to Decline So Much?

The stock of Wealth Minerals Ltd (CVE:WML) is a huge mover today! About 12,500 shares traded hands. Wealth Minerals Ltd (CVE:WML) has risen 6.00% since October 4, 2016 and is uptrending. It has outperformed by 4.79% the S&P500.
The move comes after 6 months negative chart setup for the $81.34M company. It was reported on Nov, 3 by Barchart.com. We have $1.15 PT which if reached, will make CVE:WML worth $8.95 million less.

More notable recent Wealth Minerals Ltd (CVE:WML) news were published by: Business.Financialpost.com which released: “Podcast: Wealth Minerals Ltd CEO Henk Van Alphen on Chilean lithium salars” on September 02, 2016, also Juniorminingnetwork.com with their article: “Wealth Minerals Closes $4 Million Non-Brokered Private Placement” published on November 02, 2016, Juniorminingnetwork.com published: “Wealth Minerals Arranges $2.17 Million Non-Brokered Private Placement” on September 10, 2016. More interesting news about Wealth Minerals Ltd (CVE:WML) were released by: Juniorminingnetwork.com and their article: “Wealth Minerals Signs LOI to Acquire Quisco Project, Salar de Quisquiro, Chile” published on July 29, 2016 as well as Juniorminingnetwork.com‘s news article titled: “Wealth Minerals: Positive Soil Sampling Results for Coronado Au-Ag-Cu Project …” with publication date: July 05, 2016.

Wealth Minerals Ltd. is a junior mineral resource exploration company. The company has a market cap of $81.34 million. The Firm operates through mineral resources industry segment. It currently has negative earnings. It focuses on the acquisition, exploration and development of mineral properties primarily prospective for precious metals and lithium.

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