Wealth Minerals Ltd. (OTCMKTS:WMLLF) Short Interest Update

Wealth Minerals Ltd. (OTCMKTS:WMLLF) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 32,600 shares, an increase of 10,766.7% from the November 30th total of 300 shares. Based on an average daily volume of 738,100 shares, the days-to-cover ratio is currently 0.0 days.

Wealth Minerals Price Performance

OTCMKTS WMLLF traded up $0.01 during trading hours on Thursday, hitting $0.04. The company’s stock had a trading volume of 109,500 shares, compared to its average volume of 160,702. The company’s 50 day simple moving average is $0.04 and its two-hundred day simple moving average is $0.07. The company has a market cap of $11.76 million, a P/E ratio of -0.88 and a beta of 0.66. Wealth Minerals has a 12 month low of $0.02 and a 12 month high of $0.20.

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.