Wealth Minerals (OTCMKTS:WMLLF) Short Interest Up 82.6% in August

Wealth Minerals (OTCMKTS:WMLLF) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 170,147 shares, a growth of 82.6% from the August 15th total of 93,183 shares. Based on an average daily volume of 285,017 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the shares of the company are sold short.

Wealth Minerals Stock Up 3.3%

WMLLF opened at $0.05 on Thursday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.58 and a quick ratio of 1.58. Wealth Minerals has a 12 month low of $0.04 and a 12 month high of $0.15. The stock has a market capitalization of $18.14 million, a P/E ratio of -1.76 and a beta of 0.84. The business has a 50 day simple moving average of $0.05 and a 200-day simple moving average of $0.05.

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