Wealth Minerals (OTCMKTS:WMLLF) Short Interest Down 96.4% in August

Wealth Minerals (OTCMKTS:WMLLF) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 100 shares, a decrease of 96.4% from the August 15th total of 2,800 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 53,200 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 53,200 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Wealth Minerals Trading Up 6.5%

Shares of WMLLF opened at $0.06 on Friday. The stock has a market capitalization of $20.04 million, a P/E ratio of -0.53 and a beta of 0.59. The firm’s fifty day simple moving average is $0.04 and its two-hundred day simple moving average is $0.04. Wealth Minerals has a 12 month low of $0.02 and a 12 month high of $0.08.

Wealth Minerals Company Profile

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.