Short Interest in Wealth Minerals Ltd. (OTCMKTS:WMLLF) Drops By 70.6%

Wealth Minerals Ltd. (OTCMKTS:WMLLF) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 9,600 shares, a decrease of 70.6% from the December 15th total of 32,600 shares. Based on an average daily volume of 1,041,400 shares, the short-interest ratio is presently 0.0 days.

Wealth Minerals Price Performance

Shares of OTCMKTS WMLLF traded up $0.00 during mid-day trading on Monday, hitting $0.04. The company’s stock had a trading volume of 225,390 shares, compared to its average volume of 165,715. The company’s fifty day simple moving average is $0.04 and its 200-day simple moving average is $0.06. The stock has a market cap of $12.93 million, a price-to-earnings ratio of -0.96 and a beta of 0.67. Wealth Minerals has a one year low of $0.02 and a one year high of $0.20.

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.