Wealth Minerals Ltd. (OTCMKTS:WMLLF) Sees Significant Decline in Short Interest

Wealth Minerals Ltd. (OTCMKTS:WMLLF) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 9,600 shares, a decrease of 70.6% from the December 15th total of 32,600 shares. Based on an average daily volume of 1,041,400 shares, the short-interest ratio is currently 0.0 days.

Wealth Minerals Price Performance

Shares of OTCMKTS WMLLF opened at $0.04 on Wednesday. Wealth Minerals has a 1-year low of $0.02 and a 1-year high of $0.20. The company has a market capitalization of $12.33 million, a price-to-earnings ratio of -0.92 and a beta of 0.67. The business has a 50-day moving average of $0.04 and a 200-day moving average of $0.06.

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.