Short Interest in Wealth Minerals (OTCMKTS:WMLLF) Decreases By 52.2%

Wealth Minerals (OTCMKTS:WMLLF) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 60,183 shares, a decline of 52.2% from the July 15th total of 126,010 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 183,172 shares, the days-to-cover ratio is currently 0.3 days.

Wealth Minerals Stock Performance

Shares of WMLLF opened at $0.05 on Monday. Wealth Minerals has a 12 month low of $0.03 and a 12 month high of $0.15. The firm has a fifty day simple moving average of $0.05 and a 200 day simple moving average of $0.05. The stock has a market capitalization of $18.68 million, a price-to-earnings ratio of -1.81 and a beta of 0.80. The company has a current ratio of 2.68, a quick ratio of 2.68 and a debt-to-equity ratio of 0.15.

Wealth Minerals (OTCMKTS:WMLLF) last released its 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.