Zacks SCR Publishes Update Report on Wealth Minerals

Zacks Small-cap Research has launched an update report on Wealth Minerals Ltd. (TSXV:WML; OTCQB:WMLLF; SSE:WMLCL; FRA:EJZ), a junior exploration company with a portfolio of prospective lithium projects in Chile’s portion of the Lithium Triangle. The report covered Wealth Minerals’ recent non-brokered private placement for gross proceeds of $3.88 million, as well as the impact of China’s announcement to phase out fossil fuel vehicles with a preliminary goal of having at least 20 percent of Chinese vehicle sales made up by electric and plug-in hybrid cars by 2025.
Zacks also used comparative analysis to estimate a share price target for Wealth Minerals of $2.40, up 28 percent from the price at the date of publication, $1.87.
Click here for the full report.
Click here to connect with Wealth Minerals Ltd. (TSXV:WML) for an Investor Presentation.