Short Interest in Wealth Minerals Ltd. (OTCMKTS:WMLLF) Increases By 100.9%

Wealth Minerals Ltd. (OTCMKTS:WMLLFGet Rating) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 90,600 shares, an increase of 100.9% from the October 15th total of 45,100 shares. Based on an average trading volume of 560,900 shares, the days-to-cover ratio is presently 0.2 days.

Wealth Minerals Price Performance

OTCMKTS:WMLLF opened at $0.20 on Friday. Wealth Minerals has a 1-year low of $0.11 and a 1-year high of $0.51. The company has a 50-day moving average of $0.18 and a 200 day moving average of $0.21. The firm has a market cap of $57.44 million, a PE ratio of -3.93 and a beta of 1.13.

Wealth Minerals Company Profile

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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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