Short Interest in Wealth Minerals (OTCMKTS:WMLLF) Grows By 54.8%

Wealth Minerals (OTCMKTS:WMLLF) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 93,183 shares, a growth of 54.8% from the July 30th total of 60,183 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 270,407 shares, the days-to-cover ratio is presently 0.3 days.

Wealth Minerals Trading Down 4.3%

WMLLF opened at $0.06 on Wednesday. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.26. Wealth Minerals has a 52 week low of $0.04 and a 52 week high of $0.15. The business’s 50 day moving average is $0.05 and its two-hundred day moving average is $0.05. The firm has a market cap of $22.15 million, a price-to-earnings ratio of -2.15 and a beta of 0.80.

Wealth Minerals (OTCMKTS:WMLLF) last posted its quarterly earnings data on Tuesday, July 28th. The company reported ($0.01) earnings per share for the quarter.

About Wealth Minerals

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.