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

Wealth Minerals Ltd. (OTCMKTS:WMLLF) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 20,100 shares, a decrease of 31.2% from the September 30th total of 29,200 shares. Based on an average daily trading volume, of 129,700 shares, the days-to-cover ratio is presently 0.2 days.

Wealth Minerals Price Performance

Shares of WMLLF opened at $0.06 on Tuesday. Wealth Minerals has a 52 week low of $0.05 and a 52 week high of $0.24. The company has a market capitalization of $20.19 million, a price-to-earnings ratio of -1.50 and a beta of 0.68. The stock’s 50-day moving average price is $0.07 and its 200-day moving average price is $0.09.

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.