Wealth Minerals (OTCMKTS:WMLLF) Short Interest Up 2,290.2% in June

Wealth Minerals (OTCMKTS:WMLLF) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 150,653 shares, a growth of 2,290.2% from the May 31st total of 6,303 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 325,006 shares, the days-to-cover ratio is presently 0.5 days.

Wealth Minerals Price Performance

Wealth Minerals stock traded down $0.00 during trading hours on Thursday, hitting $0.05. 54,000 shares of the company traded hands, compared to its average volume of 146,724. Wealth Minerals has a 1-year low of $0.03 and a 1-year high of $0.15. The firm has a market cap of $17.57 million, a P/E ratio of -2.30 and a beta of 0.76. The firm’s 50-day simple moving average is $0.05 and its two-hundred day simple moving average is $0.06. The company has a quick ratio of 2.68, a current ratio of 2.68 and a debt-to-equity ratio of 0.15.

Wealth Minerals (OTCMKTS:WMLLF) last posted its quarterly earnings data on Monday, March 30th. The company reported ($0.01) earnings per share (EPS) 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.