Wealth Minerals (OTCMKTS:WMLLF) Shares Shorted: Short Interest Up 476.9% in September

Wealth Minerals (OTCMKTS:WMLLF) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 527,016 shares, a growth of 476.9% from the September 15th total of 91,354 shares. Based on an average daily trading volume, of 912,630 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.1% of the company’s stock are sold short.

Wealth Minerals Stock Performance

OTCMKTS WMLLF opened at $0.06 on Monday. The firm has a market capitalization of $21.66 million, a P/E ratio of -2.10 and a beta of 1.04. The business has a fifty day simple moving average of $0.05 and a 200 day simple moving average of $0.05. Wealth Minerals has a 12 month low of $0.04 and a 12 month high of $0.12. 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 (OTCMKTS:WMLLF) last posted 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. is a Canadian mineral exploration and development company focused on lithium projects in Chile. The company’s activities center on evaluating and advancing lithium-bearing salars, with the goal of supporting future lithium production for use in rechargeable batteries, electric vehicles and energy-storage applications.

Wealth Minerals’ principal exploration interests have included properties in northern Chile, including the Atacama and Ollagüe salt flats. Its work involves geological exploration, resource evaluation, project development and engagement with local and national stakeholders.