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Wealth Minerals
(OTC:WML)
Wealth Minerals (WML) vs. S&P 500 (SPY)
Wealth Minerals Business Overview & Revenue Model
Wealth Minerals Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 0.00 | -6.52K | -1.82K | -2.35K | -3.05K | -3.97K | EBIT |
| -3.60M | -10.31M | -15.65M | -6.11M | -3.13M | -8.60M | EBITDA |
| -5.30M | -10.31M | -11.06M | -7.85M | -5.09M | -17.47M | Net Income Common Stockholders |
| -51.70M | -10.42M | 6.35M | -8.20M | -5.60M | -17.89M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 1.77M | 5.07M | 5.27M | 4.26M | 87.89K | 378.30K | Total Assets |
| 4.46M | 55.33M | 55.41M | 51.36M | 37.62M | 42.48M | Total Debt |
| 0.00 | 40.00K | 40.00K | 443.37K | 3.42M | 2.74M | Net Debt |
| -675.51K | -4.66M | -5.23M | -3.82M | 3.33M | 2.36M | Total Liabilities |
| 478.81K | 863.56K | 2.05M | 7.80M | 5.02M | 5.66M | Stockholders Equity |
| 3.98M | 54.47M | 53.36M | 43.56M | 32.60M | 35.27M |
| Cash Flow | Free Cash Flow | ||||
| -4.70M | -7.68M | -7.24M | -5.55M | -2.53M | -8.93M | Operating Cash Flow |
| -4.69M | -7.51M | -7.06M | -3.48M | -1.79M | -4.97M | Investing Cash Flow |
| -10.00K | -665.00K | 148.07K | -6.31M | -709.58K | -4.02M | Financing Cash Flow |
| 1.99M | 7.60M | 7.92M | 13.97M | 2.21M | 8.74M |
Wealth Minerals Technical Analysis
Wealth Minerals Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
49 Neutral | $18.45M | ― | -5.23% | ― | ― | -11500.00% | |
49 Neutral | $1.96B | -1.42 | -21.96% | 3.81% | 0.71% | -27.38% | |
42 Neutral | $824.45M | ― | -4.13% | ― | ― | ― | |
41 Neutral | $92.59M | 60.56 | 2.13% | ― | ― | ― | |
37 Underperform | C$68.34M | ― | -14.78% | ― | ― | 44.65% | |
26 Underperform | $15.39M | ― | -179.02% | ― | ― | -394.23% |
Wealth Minerals Corporate Events
Wealth Minerals Ltd. announced that its application for a special lithium operation contract (CEOL) for the Kuska lithium project in Chile was declined under the Fast-Track permitting policy. Despite being the largest holder of mining concessions in the Ollagüe area, Wealth was unable to meet the requirement of having mining concessions for at least 80% of the designated area. The company is considering appealing the decision or applying through regular permitting channels. Wealth remains committed to advancing the Kuska project, emphasizing its potential economic and social value to stakeholders, including the local Quechua Indigenous Community.
Spark’s Take on TSE:WML Stock
According to Spark, TipRanks’ AI Analyst, TSE:WML is a Underperform.
Wealth Minerals’ overall stock score is significantly impacted by its weak financial performance, characterized by substantial losses and liquidity issues. However, positive corporate events and strategic acquisitions in the lithium industry provide potential for future growth. The technical indicators suggest a bearish trend, and valuation metrics highlight profitability challenges, contributing to the stock’s low score.
To see Spark’s full report on TSE:WML stock, click here.
Wealth Minerals Ltd. has issued a clarification regarding its acquisition of the Pabellón Lithium Project, initially announced in February 2025. The acquisition involves a binding Letter of Intent to purchase 100% of Minera Josefina SpA, which holds 26 mineral exploration licenses in northern Chile. This transaction is expected to enhance Wealth’s position in the lithium market, as the company seeks to benefit from the anticipated growth in demand for battery metals.
Wealth Minerals Ltd. announced a non-brokered private placement offering of up to 25,000,000 units at $0.08 per unit, aiming to raise up to $2,000,000. The proceeds are intended for exploration, claim fees, and general working capital, with the offering subject to TSX Venture Exchange approval. This move positions Wealth Minerals to strengthen its operations and leverage its strategic focus on lithium and battery metals amidst rising market demand.
Wealth Minerals Ltd. has announced its intent to acquire the Pabellón Lithium Project in northern Chile, securing a 100% royalty-free interest in the exploration concession. The project, which is strategically located near the Chile-Bolivia border, includes 26 mineral exploration licenses covering 7,600 hectares. This acquisition is significant for Wealth Minerals as it plans to install a lithium extraction unit using Direct Lithium Extraction technology adjacent to the Cerro Pabellón geothermal power plant, operated by ENEL. This move aims to enhance the value of Wealth’s Kuska Project by providing an additional source of mineral material and positioning the company advantageously in securing power for future development. The initiative reflects Wealth’s commitment to environmentally friendly mineral extraction and involves collaboration with various stakeholders, including the Indigenous Quechua Community and strategic investors.
Wealth Minerals Ltd., in collaboration with the Quechua Indigenous Community of Ollagüe, has formed a joint venture to develop the Kuska Lithium Project on the Ollagüe Salar in northern Chile. This agreement not only ensures community participation and transparency but also positions Wealth Minerals to advance the development of Kuska towards a significant lithium output, benefiting from governmental prioritization for a special lithium operation contract. The Kuska Project, with an estimated 741,000 tons of lithium carbonate equivalent resources, is set to significantly impact the lithium industry, offering substantial economic potential with a projected pre-tax NPV of $1.65 billion.