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

Wealth Minerals Ltd. (OTCMKTS:WMLLF) was the recipient of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 12,000 shares, a drop of 54.0% from the January 31st total of 26,100 shares. Based on an average daily volume of 177,900 shares, the short-interest ratio is presently 0.1 days.

Wealth Minerals Price Performance

Shares of OTCMKTS:WMLLF opened at $0.06 on Friday. The firm has a fifty day moving average price of $0.05 and a two-hundred day moving average price of $0.05. Wealth Minerals has a one year low of $0.02 and a one year high of $0.18. The company has a market cap of $18.78 million, a price-to-earnings ratio of -1.40 and a beta of 0.79.

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.