Short Interest in Wealth Minerals Ltd. (OTCMKTS:WMLLF) Declines By 31.2%

Wealth Minerals Ltd. (OTCMKTS:WMLLF) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 20,100 shares, a decline of 31.2% from the September 30th total of 29,200 shares. Based on an average trading volume of 129,700 shares, the short-interest ratio is presently 0.2 days.

Wealth Minerals Stock Performance

OTCMKTS WMLLF opened at $0.06 on Friday. The company’s 50-day moving average price is $0.07 and its 200-day moving average price is $0.09. The stock has a market cap of $20.32 million, a PE ratio of -1.51 and a beta of 0.68. Wealth Minerals has a 12 month low of $0.05 and a 12 month high of $0.24.

Wealth Minerals (OTCMKTS:WMLLF) last posted its quarterly earnings results on Wednesday, July 24th. The company reported ($0.01) EPS for the quarter.

About Wealth Minerals

Wealth Minerals Ltd., a junior mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada, Chile, Peru, and Mexico. The company primarily explores for lithium, as well as for precious metal and copper deposits. Its flagship property is the 100% owned Atacama project that comprises 144 exploration concessions covering an area of approximately 46,200 hectares located in the Atacama Salar in Region II of Antofagasta, northern Chile.