Wealth Minerals Ltd. (OTCMKTS:WMLLF) Short Interest Up 90.6% in December

Wealth Minerals Ltd. (OTCMKTS:WMLLF – Get Rating) was the target of a significant growth in short interest during the month of December. As of December 30th, there was short interest totalling 69,000 shares, a growth of 90.6% from the December 15th total of 36,200 shares. Based on an average daily volume of 600,800 shares, the short-interest ratio is currently 0.1 days.

Wealth Minerals Trading Down 4.4 %

Shares of OTCMKTS:WMLLF opened at $0.32 on Wednesday. The stock has a market capitalization of $96.28 million, a P/E ratio of -6.40 and a beta of 0.94. The stock’s 50-day moving average price is $0.28 and its 200-day moving average price is $0.23. Wealth Minerals has a 12-month low of $0.11 and a 12-month high of $0.39.

Wealth Minerals (OTCMKTS:WMLLF – Get Rating) last issued its earnings results on Friday, October 21st. The company reported ($0.01) earnings per share for the quarter.

About Wealth Minerals

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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.