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

Defense World ·  Sep 28, 2022 02:41

Wealth Minerals Ltd. (OTCMKTS:WMLLF – Get Rating) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 25,400 shares, an increase of 122.8% from the August 31st total of 11,400 shares. Based on an average daily volume of 289,000 shares, the short-interest ratio is presently 0.1 days.

Wealth Minerals Stock Down 3.7 %

Shares of OTCMKTS:WMLLF opened at $0.14 on Wednesday. Wealth Minerals has a 12 month low of $0.13 and a 12 month high of $0.55. The company's fifty day simple moving average is $0.21 and its 200 day simple moving average is $0.23. The firm has a market cap of $39.37 million, a price-to-earnings ratio of -3.50 and a beta of 0.88.

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About Wealth Minerals

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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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