Wealth Minerals Ltd. (OTCMKTS:WMLLF) Sees Significant Decrease in Short Interest

Wealth Minerals Ltd. (OTCMKTS:WMLLF) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 9,600 shares, a drop of 70.6% from the December 15th total of 32,600 shares. Based on an average trading volume of 1,041,400 shares, the short-interest ratio is currently 0.0 days.

Wealth Minerals Stock Performance

Shares of WMLLF stock opened at $0.04 on Wednesday. Wealth Minerals has a one year low of $0.02 and a one year high of $0.20. The company has a 50 day moving average price of $0.04 and a 200 day moving average price of $0.06. The firm has a market capitalization of $12.33 million, a price-to-earnings ratio of -0.92 and a beta of 0.67.

Wealth Minerals Company Profile

Wealth Minerals Ltd., a junior mineral resource exploration company, 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 for precious metal and copper deposits. Its flagship property is the 100% owned 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.