Wealth Minerals Ltd. (OTCMKTS:WMLLF – Get Free Report) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totalling 25,700 shares, a decrease of 83.8% from the July 15th total of 158,500 shares. Based on an average daily trading volume, of 170,500 shares, the days-to-cover ratio is currently 0.2 days.
Wealth Minerals Stock Down 12.6 %
WMLLF traded down $0.01 during midday trading on Wednesday, reaching $0.06. The company had a trading volume of 216,259 shares, compared to its average volume of 128,611. The business has a 50-day moving average of $0.09 and a two-hundred day moving average of $0.13. The company has a market cap of $19.85 million, a P/E ratio of -1.48 and a beta of 0.71. Wealth Minerals has a 1 year low of $0.06 and a 1 year high of $0.29.
Wealth Minerals (OTCMKTS:WMLLF – Get Free Report) last issued its quarterly earnings results on Wednesday, July 24th. The company reported ($0.01) 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.
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