Wealth Minerals (OTCMKTS:WMLLF) Short Interest Up 54.8% in August

Wealth Minerals (OTCMKTS:WMLLF) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 93,183 shares, a growth of 54.8% from the July 30th total of 60,183 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 270,407 shares, the days-to-cover ratio is currently 0.3 days.

Wealth Minerals Stock Up 0.9%

OTCMKTS:WMLLF opened at $0.06 on Thursday. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.26. Wealth Minerals has a twelve month low of $0.04 and a twelve month high of $0.15. The company has a market cap of $22.34 million, a PE ratio of -2.17 and a beta of 0.84. The company’s 50 day moving average is $0.05 and its two-hundred day moving average is $0.05.

Wealth Minerals (OTCMKTS:WMLLF) last posted its quarterly earnings results on Tuesday, July 28th. 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.