Short Interest in Wealth Minerals (OTCMKTS:WMLLF) Increases By 327.3%

Wealth Minerals (OTCMKTS:WMLLF) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 89,942 shares, a growth of 327.3% from the November 30th total of 21,051 shares. Based on an average daily trading volume, of 487,900 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 487,900 shares, the days-to-cover ratio is presently 0.2 days.

Wealth Minerals Stock Performance

Shares of Wealth Minerals stock opened at $0.05 on Friday. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.17. The stock’s fifty day moving average price is $0.06 and its 200-day moving average price is $0.06. The firm has a market cap of $19.21 million, a P/E ratio of -0.48 and a beta of 0.85. Wealth Minerals has a 12 month low of $0.02 and a 12 month high of $0.15.

Wealth Minerals (OTCMKTS:WMLLF) last released its quarterly earnings data on Tuesday, October 28th. The company reported ($0.01) earnings per share 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.