Wealth Minerals (OTCMKTS:WMLLF) Short Interest Up 67.8% in July

Wealth Minerals (OTCMKTS:WMLLF) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 126,010 shares, an increase of 67.8% from the June 30th total of 75,112 shares. Based on an average trading volume of 124,168 shares, the short-interest ratio is currently 1.0 days. Approximately 0.0% of the shares of the stock are sold short.

Wealth Minerals Price Performance

Shares of OTCMKTS:WMLLF opened at $0.05 on Friday. The firm has a market capitalization of $17.80 million, a price-to-earnings ratio of -1.73 and a beta of 0.79. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.68 and a quick ratio of 2.68. The business’s 50 day simple moving average is $0.05 and its 200-day simple moving average is $0.05. Wealth Minerals has a 12 month low of $0.03 and a 12 month high of $0.15.

Wealth Minerals (OTCMKTS:WMLLF) last released its quarterly earnings data on Tuesday, July 28th. The company reported ($0.01) earnings per share for the quarter.

About Wealth Minerals

Wealth Minerals Ltd. (OTCMKTS: WMLLF) is a mineral exploration company focused on the acquisition, exploration and development of lithium brine projects. Headquartered in Vancouver, Canada, the company targets strategic battery metals critical to the global transition to electric vehicles and renewable energy storage. Its primary objective is to identify, delineate and advance economically viable lithium resources.

Wealth Minerals’ flagship assets are located in the lithium-rich “Lithium Triangle” of South America, with a concentration of properties in Chile’s Atacama Basin.