Short Interest in Wealth Minerals (OTCMKTS:WMLLF) Increases By 67.8%

Wealth Minerals (OTCMKTS:WMLLF) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 126,010 shares, an increase of 67.8% from the June 30th total of 75,112 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 124,168 shares, the days-to-cover ratio is currently 1.0 days.

Wealth Minerals Price Performance

Shares of OTCMKTS:WMLLF opened at $0.05 on Friday. Wealth Minerals has a twelve month low of $0.03 and a twelve month high of $0.15. The stock’s 50 day moving average is $0.05 and its 200-day moving average is $0.05. The company has a quick ratio of 2.68, a current ratio of 2.68 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $17.80 million, a price-to-earnings ratio of -1.73 and a beta of 0.79.

Wealth Minerals (OTCMKTS:WMLLF) last posted its quarterly earnings results on Tuesday, July 28th. The company reported ($0.01) earnings per share (EPS) for the quarter.

Wealth Minerals Company Profile

Wealth Minerals Ltd. (OTCMKTS: WMLLF) is a mineral exploration company focused on the acquisition, exploration and development of lithium brine projects. Headquartered in Vancouver, Canada, the company targets strategic battery metals critical to the global transition to electric vehicles and renewable energy storage. Its primary objective is to identify, delineate and advance economically viable lithium resources.

Wealth Minerals’ flagship assets are located in the lithium-rich “Lithium Triangle” of South America, with a concentration of properties in Chile’s Atacama Basin.