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

Financial News Live ·  Jul 16, 2022 01:41

Wealth Minerals Ltd. (OTCMKTS:WMLLF – Get Rating) saw a large increase in short interest in June. As of June 30th, there was short interest totalling 56,300 shares, an increase of 176.0% from the June 15th total of 20,400 shares. Based on an average trading volume of 278,000 shares, the short-interest ratio is presently 0.2 days.

Wealth Minerals Trading Up 2.6 %

Shares of OTCMKTS WMLLF opened at $0.24 on Friday. Wealth Minerals has a 12-month low of $0.16 and a 12-month high of $0.56. The stock has a market cap of $65.95 million, a PE ratio of -4.71 and a beta of 0.96. The company has a 50-day moving average of $0.23 and a 200 day moving average of $0.25.

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Wealth Minerals (OTCMKTS:WMLLF – Get Rating) last posted its quarterly earnings results on Wednesday, April 27th. The company reported ($0.02) earnings per share for the quarter.

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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