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

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

Wealth Minerals Price Performance

Shares of OTCMKTS WMLLF opened at $0.06 on Thursday. The company has a market capitalization of $20.83 million, a P/E ratio of -1.55 and a beta of 0.67. The company has a 50 day simple moving average of $0.04 and a 200-day simple moving average of $0.06. Wealth Minerals has a 1 year low of $0.02 and a 1 year high of $0.20.

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

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.