Wealth Minerals Ltd. (OTCMKTS:WMLLF) Short Interest Up 466.1% in July

Wealth Minerals Ltd. (OTCMKTS:WMLLF) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 158,500 shares, an increase of 466.1% from the June 30th total of 28,000 shares. Based on an average daily trading volume, of 381,000 shares, the short-interest ratio is currently 0.4 days.

Wealth Minerals Trading Down 3.5 %

Shares of WMLLF traded down $0.00 during mid-day trading on Thursday, reaching $0.07. The company’s stock had a trading volume of 32,000 shares, compared to its average volume of 115,410. The stock has a market cap of $23.82 million, a P/E ratio of -1.77 and a beta of 0.70. The business has a 50-day simple moving average of $0.10 and a two-hundred day simple moving average of $0.14. Wealth Minerals has a 1-year low of $0.06 and a 1-year high of $0.31.

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.