Wealth Minerals Ltd. (OTCMKTS:WMLLF) Short Interest Down 86.5% in April

Wealth Minerals Ltd. (OTCMKTS:WMLLF – Get Rating) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totalling 1,200 shares, a decline of 86.5% from the April 15th total of 8,900 shares. Based on an average trading volume of 204,200 shares, the days-to-cover ratio is currently 0.0 days.

WMLLF stock traded down $0.00 during trading on Wednesday, reaching $0.20. 62,504 shares of the company’s stock were exchanged, compared to its average volume of 203,517. The company’s fifty day moving average price is $0.27 and its 200-day moving average price is $0.32. Wealth Minerals has a 1-year low of $0.19 and a 1-year high of $0.56. The firm has a market cap of $53.35 million, a PE ratio of -4.02 and a beta of 1.28.

Wealth Minerals (OTCMKTS:WMLLF – Get Rating) last released its quarterly earnings results on Wednesday, April 27th. The company reported ($0.02) earnings per share (EPS) for the quarter.

Wealth Minerals Company Profile (Get Rating)

Wealth Minerals Ltd., a junior mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Chile, Canada, and Mexico. The company primarily explores for lithium, as well as for precious metal and copper deposits. It principally holds interests in the 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.

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