Wealth Minerals Ltd. (OTCMKTS:WMLLF – Get Rating) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 11,400 shares, a decline of 63.8% from the August 15th total of 31,500 shares. Based on an average daily volume of 189,100 shares, the days-to-cover ratio is currently 0.1 days.
Wealth Minerals Stock Performance
Wealth Minerals stock opened at $0.19 on Wednesday. The stock has a market cap of $52.21 million, a PE ratio of -4.66 and a beta of 0.88. Wealth Minerals has a one year low of $0.16 and a one year high of $0.56. The stock has a fifty day moving average of $0.22 and a 200 day moving average of $0.24.
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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.Further Reading
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