Short Interest in Wealth Minerals Ltd. (OTCMKTS:WMLLF) Declines By 31.2%

Wealth Minerals Ltd. (OTCMKTS:WMLLF) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 20,100 shares, a decline of 31.2% from the September 30th total of 29,200 shares. Based on an average daily volume of 129,700 shares, the short-interest ratio is currently 0.2 days.

Wealth Minerals Stock Performance

Shares of WMLLF opened at $0.06 on Friday. The company’s fifty day moving average is $0.07 and its 200 day moving average is $0.09. Wealth Minerals has a fifty-two week low of $0.05 and a fifty-two week high of $0.24. The stock has a market capitalization of $20.32 million, a PE ratio of -1.51 and a beta of 0.68.

Wealth Minerals (OTCMKTS:WMLLF) last announced its quarterly earnings results on Wednesday, July 24th. The company reported ($0.01) earnings per share 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.