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

Wealth Minerals Ltd. (OTCMKTS:WMLLF) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 32,600 shares, an increase of 10,766.7% from the November 30th total of 300 shares. Based on an average daily trading volume, of 738,100 shares, the short-interest ratio is currently 0.0 days.

Wealth Minerals Price Performance

Shares of OTCMKTS WMLLF opened at $0.04 on Friday. Wealth Minerals has a 1-year low of $0.02 and a 1-year high of $0.20. The business’s 50 day moving average is $0.04 and its two-hundred day moving average is $0.06. The stock has a market capitalization of $12.60 million, a P/E ratio of -0.94 and a beta of 0.65.

About Wealth Minerals

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.