Wealth Minerals (OTCMKTS:WMLLF) Short Interest Up 82.6% in August

Wealth Minerals (OTCMKTS:WMLLF) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 170,147 shares, an increase of 82.6% from the August 15th total of 93,183 shares. Based on an average daily trading volume, of 285,017 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

Wealth Minerals Stock Performance

Shares of OTCMKTS:WMLLF opened at $0.05 on Friday. The business’s 50-day moving average is $0.05 and its 200 day moving average is $0.05. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.58 and a quick ratio of 1.58. Wealth Minerals has a 1 year low of $0.04 and a 1 year high of $0.15. The firm has a market capitalization of $17.57 million, a P/E ratio of -1.70 and a beta of 0.84.

Wealth Minerals (OTCMKTS:WMLLF) last issued its quarterly earnings results on Tuesday, July 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.