Wealth Minerals (OTCMKTS:WMLLF) Short Interest Up 2,290.2% in June

Wealth Minerals (OTCMKTS:WMLLF) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 150,653 shares, a growth of 2,290.2% from the May 31st total of 6,303 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 325,006 shares, the days-to-cover ratio is presently 0.5 days.

Wealth Minerals Stock Performance

Shares of OTCMKTS WMLLF traded down $0.00 during mid-day trading on Thursday, hitting $0.05. The company had a trading volume of 54,000 shares, compared to its average volume of 146,724. Wealth Minerals has a 12 month low of $0.03 and a 12 month high of $0.15. The stock has a market cap of $17.57 million, a price-to-earnings ratio of -2.30 and a beta of 0.76. 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 firm’s 50 day simple moving average is $0.05 and its two-hundred day simple moving average is $0.06.

Wealth Minerals (OTCMKTS:WMLLF) last issued its quarterly earnings data on Monday, March 30th. The company reported ($0.01) EPS for the quarter.

Wealth Minerals Company Profile

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.