Wealth Minerals Ltd. (OTCMKTS:WMLLF – Get Rating) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 126,700 shares, an increase of 201.7% from the February 13th total of 42,000 shares. Based on an average trading volume of 415,800 shares, the days-to-cover ratio is currently 0.3 days.
Wealth Minerals Stock Performance
Shares of WMLLF stock opened at $0.28 on Friday. Wealth Minerals has a 52 week low of $0.11 and a 52 week high of $0.37. The company has a market capitalization of $87.67 million, a P/E ratio of -5.78 and a beta of 0.86. The company's 50 day moving average price is $0.31 and its two-hundred day moving average price is $0.25.
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Wealth Minerals Ltd. is a junior mineral resource exploration company, which focuses on the acquisition, exploration and development of mineral properties primarily prospective for lithium, precious metals and copper. It holds interest in Atacama Salar, Ollague, Valsequillo, Coronado and Kootenay projects.
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