Short Interest in Wealth Minerals (OTCMKTS:WMLLF) Declines By 38.4%

Wealth Minerals (OTCMKTS:WMLLF) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 167,500 shares, a decrease of 38.4% from the September 15th total of 271,800 shares. Based on an average daily trading volume, of 1,624,300 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 1,624,300 shares, the days-to-cover ratio is presently 0.1 days.

Wealth Minerals Stock Down 3.5%

Shares of WMLLF opened at $0.10 on Wednesday. The company’s fifty day moving average is $0.08 and its 200-day moving average is $0.05. Wealth Minerals has a 12 month low of $0.02 and a 12 month high of $0.15. The firm has a market cap of $34.97 million, a price-to-earnings ratio of -0.88 and a beta of 0.89.

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.