Wealth Minerals Ltd. (OTCMKTS:WMLLF) Sees Large Increase in Short Interest

Wealth Minerals Ltd. (OTCMKTS:WMLLF) saw a significant increase in short interest in November. As of November 15th, there was short interest totalling 20,200 shares, an increase of 188.6% from the October 31st total of 7,000 shares. Based on an average daily volume of 537,400 shares, the days-to-cover ratio is presently 0.0 days.

Wealth Minerals Stock Performance

Shares of OTCMKTS:WMLLF traded down $0.00 on Thursday, hitting $0.04. The company’s stock had a trading volume of 104,631 shares, compared to its average volume of 265,312. Wealth Minerals has a 12 month low of $0.04 and a 12 month high of $0.24. The company has a market capitalization of $13.25 million, a price-to-earnings ratio of -0.99 and a beta of 0.70. The stock’s 50-day moving average is $0.06 and its two-hundred day moving average is $0.08.

About Wealth Minerals

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.